Neros = Equity - 74000, Liabilities - 36000, Assets - 95000, consulting revenue - 50000, Neros Expense = utilities - 3500, rent - 4000, advertising - 3000, salaries 6500, insurance 3000 Centar = Assets - 95000, Equity - 85000 Xenmix = Assets - 105000, Liabilities - 55000

1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Show less If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Using income statement data for Neros, prepare a December income statement dated December 31. NEROS Income Statement Neros Income Statement Data Neros Expense Accounts Neros Revenue Accounts $50,000 Utilities Expense Rent Expense $40,000 $30,000 Insurance Expense $20,000 Advertising Expense $10,000 Salaries Expense Consulting Revenue Rental Revenue tableau E K of TO 1. Using the accounting equation data, compute the missing amounts for each company. 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Using the accounting equation data, compute the missing amounts for each company. Assets = Liabilities + Equity Company a. Neros b. Centar c. Xenmix + + The owner of Neros company has hired you to analyze her company's performance and financial position, as well as the positions of its competitors, Centar and Xenmix. However, the data Neros obtained is incomplete and is shown in the following Tableau Dashboard. Accounting Equation Data Neros Centar Xenmix $100,000 Salve for Liabilities $80,000 $60,000 $olve for Assets $40,000 $olve for Equity $20,000 Assets Liabilities .. Assets Liabilities .. Assets Liabilities .. 1. Using the accounting equation data, compute the missing amounts for each company. 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? Req1 Req 2 and 3 ) 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Show less If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Using income statement data for Neros, prepare a December income statement dated December 31. NEROS Income Statement Neros Income Statement Data Neros Expense Accounts Neros Revenue Accounts $50,000 Utilities Expense Rent Expense $40,000 $30,000 Insurance Expense $20,000 Advertising Expense $10,000 Salaries Expense Consulting Revenue Rental Revenue tableau E K of TO 1. Using the accounting equation data, compute the missing amounts for each company. 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Using the accounting equation data, compute the missing amounts for each company. Assets = Liabilities + Equity Company a. Neros b. Centar c. Xenmix + + The owner of Neros company has hired you to analyze her company's performance and financial position, as well as the positions of its competitors, Centar and Xenmix. However, the data Neros obtained is incomplete and is shown in the following Tableau Dashboard. Accounting Equation Data Neros Centar Xenmix $100,000 Salve for Liabilities $80,000 $60,000 $olve for Assets $40,000 $olve for Equity $20,000 Assets Liabilities .. Assets Liabilities .. Assets Liabilities .. 1. Using the accounting equation data, compute the missing amounts for each company. 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? 2. Which of the following accounts of Xenmix would be considered an asset? 3. Which of the following accounts of Xenmix would be considered a liability? Req1 Req 2 and 3 )