P2-59A (similar to The following amounts summarize the financial position of Raymour Computing, Inc., on September 30, 2018 EEB (Click the icon to view the September 30, 2018 financial position.) Dur 6 Rea October 31, 2018 Assets Liabilities Stockholders' Equity Total stockholders' equity Total assets Total liabilities and stockholders' equity Choose from any list or enter any number in the input fields and then click Check Answer. part remaining Clear All 30 0 F 4 l (%) P2-59A (similar to The following amounts summarize the financial position of Raymour Computing, In September 30, 2018: EEB (Click the icon to view the September 30, 2018 financial position.) October 31, 2018 Assets Liabilities Accounts payable Accounts receivable Advertising expense Cash Common stock Dividends Equipment Rent expense Retained earnings Stockholders' Total stockholders' equity Total liabilities and stockho C Service revenue er in the input fields and then click Che Supplies remaining 30 e financial position of Raymour Computing, Inc., on During October 2018, Raymour Computing completed these tr (Click the lcon to view the transactions.) Read the requirements mber 30, 2018 financial position.) September 30, 2018 financial position Common Retained Cash + Receivable+ Supplies + Equipment Payable + Stock + Earnings Bal 2,200 3,500 11,700 7,900 6,500 3,000 Print Done umber in the input fields and then click Check Answer Clear All 4 5 6 0 Transactions a. The company received cash of $3,900 and issued common stock. b. Performed services for a customer and received cash of $5,900. c. Paid $4,300 on accounts payable. d. Purchased supplies on account, $1,200 e. Collected cash from a customer on account, $1,200. f. Consulted on the design of a computer system and billed the customer for services rendered, $4,800. Recorded the following business expenses for the month: (1) paid office rent- $1,200; (2) paid advertising $400. (Record the cash amount as a total and identify g. and record any other amounts separately.) Declared and paid a cash dividend of $2,900. h. Print Done Clear All DII F8 F5 F9 i0W the liafisaction Requirements . Analyze the effects of the preceding transactions on the accounting 2. Prepare the income statement of Raymour Computing, Inc., for the equation of Raymour Computing, Inc month ended October 31, 2018. List expenses in decreasing order by amount. Prepare the entity's statement of retained earnings for the month ended October 31, 2018. Prepare the balance sheet of Raymour Computing, Inc., at October 31, 2018. 3. 4. Print Done and then click Check Answer Clear All