Need Help with 2 and 3.
Tableau DA 2-3: Mini-Case, Preparing an income statemer balance sheet LO P3 Maria Gomez owns and manages a consulting firm called Accel, which beg some financial reporting questions. On December 31, we are provided with amounts for the month of December. Assets $14,000 $12,000 Unearn $10,000 $8,000 Accounts Receivable $10,000 $6,000 $4,000 $2,000 so Prey 1 of 1 SIMU HUU 1 Assets Liabilities $14,000 Sints $12,000 Notes Payable Unearnod Revenue eBook $10,000 Ask $8,000 Print $6,000 -- Cash: $12,000 References Accounts Payable $4,000 $2,000 Equity $0 $9,200 Common Stock Supplies Cash Equipment $4,000 Accounts Receivable Notes Prepaid Receivable insurance Dividends Seved Ch 02 Tableau-3 UTVID UTVIVELIN 1 Assets Liabilities $14,000 15 points $12,000 Notes Payable Unearned Revenue eBook $10,000 As $8,000 Print $6,000 References Accounts Payable $4,000 Notes Receivable: $5,000 $2.000 -- Equity 50 $9.200 $4,000 Cash Equipment Supplies Common Stock Dividends Accounts Receivable Notes Prepaid Receivable Insurance Expenses Advertising Epena Utilities Expense Rent Cente Salaries Eponte Pray 1 of 1 Next VI VEL Assets Liabilities Notes Payable Unearned Revenue 0 -- Accounts Payable 00 Equity 50 39,200 Cash Accounts Recevable Prepaid Insurance: $2,000 Equipment Notes Prepal Receivable Insurance Dividends $4,000 Expenses vertising Expense Rent pense Salaries Expense Utilities Expense Prey 1 of 1 !!! Next Assets Liabilities $14,000 $12,000 Notes Payable Unearned Revenue $10,000 $8.000 $6,000 - $4,000 Accounts Payable $2,000 -- SO Equity Supplies: $3,000 Supplies Dividends $9.200 Cash Accounts Receivable Equipment Notes Prepaid Receivable Insurance $4,000 Expenses Advertising Expense Rent Expense Salaries Expense Utilities Expense Prey 1 of 1 !!! Next Liabilities Notes Payable Unearned Revenue Unearned Revenue: $3,600 Accounts Payable Equity Liabilities Notes Payable Unearned Revenue Notes Payable: $2,800 Accounts Payable Liabilities Notes Payable Unearned Revenue Accounts Payable: $4,800 Accounts Payable Equity Common Stock $9,200 jes Dividends $4,000 IV Las IVULCS Juppies MULUUIILS Receivable rieparu Receivable Insurance Expenses Advertising Expense Rent Expense Salaries E Advertising Expense: $2,800 Expenses tising Expense Rent Expeng Utilities Expense Salaries Expense Rent Expense $4,000 Revenues Expenses Salaries Expense Utilities Expense Salaries Expense: $6,000 Expenses Salaries Expense Utilities Expens Utilities Expense: $2,400 Revenues Consulting Revenue: $34,000 Consulting Revenue Rental Revenue Salaries Expense Utilities Expense ues Rental Reven Rental Revenue: $7,000 T T a Dacombe 1. Prepare an income statement for the month ended December 31, 2. Prepare a statement of retained earnings for the month ended December 31. The retained earnings account balance at December was $0. Hint. Use the net income calculated in part 1 3. Prepare a balance sheet as of December 31. Hint Use the ending retained earnings balance calculated in part 2. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a statement of retained earnings for the month ended December 31. The retained earnings account balance at December 1 was $0. Hint: Use the net income calculated in part 1. ACCEL Statement of Retained Earnings For Month Ended December 31 $ 0 1. Prepare an income statement for the month ended December 31 2. Prepare a statement of retained earnings for the month ended December 31. The retained earnings account balance at December 1 was $o. Hint Use the net income calculated in part 1. 3. Prepare a balance sheet as of December 31. Hint. Use the ending retained earnings balance calculated in part 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Requiled 3 Prepare a balance sheet as of December 31. Hint: Use the ending retained earnings balance calculated in part 2 ACCEL Balance Sheet As of December 31 es 0 $ 0 $ 0
