Parce Company Retained Earnings Statement Period Ending 12/31X1 1,800 1,682 5: Prepare a multi-step income statement, retained earnings statement, and classified balance sheet in good form given the drop down menu: Payge Company Multi-Step Income statement Period Ending 12/31/X1 2532 $31,500 -180 -90 $31,230 -10.800 20,430 Parae Company Classified Balance Sheet 12/31/X1 ASSETS Curtea desca. (first three nest be in order of liquidit! 2,700 300 1,350 3,360 800 180 Total Current Assets 9.990 Lore-Terrestante 4,500 1.800 Total Long Term Iestments 6,300 Plant annet 13.410 -1,800 1,440 2,700 180 315 450 1,350 4,500 540 495 10.800 Total Plus Aset Intangible. Ante 16,650 1,800 2,250 300 2.700 -18,630 1,800 MOO 40.50 Total Intangible Assets Total Assets LIABILITIES Current Liabilities 2,250 1,800 1.350 900 -450 90 -585 360 5,400 Total Current Liabilities Long-Term Liabilities 15,300 Total Long-Term Liabilities Total Liabilities Shareholders' Eanite 19.088 #### 315 2,115 -423 $1,692 13.500 2,582 Total Shareholders' Equity Tors Lisbilities & Equity 16.032 10.530 Patent Accounts Payable Common Stock Gross Profit Accounts Receivable Copyright Insurance Expense Accumulated Depreciation-Bldg Cost of Goods Sold Interest Expense Advertising Expense Depreciation Expense Interest Revenue Arbitration Expense Dividends Inventory Bond Payable (8/9/49) Equipment Land (used to run business) Building Franchise Land held for speculation) Cash Gain on Sale Loss on Sale Sales Other Gains, Losses, Revenues & Exp Sales Discounts Prepaid Insurance Sales Returns & Allowances Pretax Net Income Short Term Investments Rent Expense Supplies Rent Revenue Supplies Expense Retained Earnings 111/X1 Tax Expense Retained Earnings 12/31/X1 Total Operating Expenses THESE ARE THE OPTIONS I HAVE FOR EACH AND EVERY YELLOW BOX. I'M SUPPOSE TO GO ALONG WITH WHAT IM GIVEN TO COMPLETE THE YELLOW BOX. IM NOT SO SURE HOW TO BEGGINN THE FIRST SUM CALCULATION IN TERMS GIVEN (5 BOXES WITH TERMS) Parce Company Retained Earnings Statement Period Ending 12/31X1 1,800 1,682 5: Prepare a multi-step income statement, retained earnings statement, and classified balance sheet in good form given the drop down menu: Payge Company Multi-Step Income statement Period Ending 12/31/X1 2532 $31,500 -180 -90 $31,230 -10.800 20,430 Parae Company Classified Balance Sheet 12/31/X1 ASSETS Curtea desca. (first three nest be in order of liquidit! 2,700 300 1,350 3,360 800 180 Total Current Assets 9.990 Lore-Terrestante 4,500 1.800 Total Long Term Iestments 6,300 Plant annet 13.410 -1,800 1,440 2,700 180 315 450 1,350 4,500 540 495 10.800 Total Plus Aset Intangible. Ante 16,650 1,800 2,250 300 2.700 -18,630 1,800 MOO 40.50 Total Intangible Assets Total Assets LIABILITIES Current Liabilities 2,250 1,800 1.350 900 -450 90 -585 360 5,400 Total Current Liabilities Long-Term Liabilities 15,300 Total Long-Term Liabilities Total Liabilities Shareholders' Eanite 19.088 #### 315 2,115 -423 $1,692 13.500 2,582 Total Shareholders' Equity Tors Lisbilities & Equity 16.032 10.530 Patent Accounts Payable Common Stock Gross Profit Accounts Receivable Copyright Insurance Expense Accumulated Depreciation-Bldg Cost of Goods Sold Interest Expense Advertising Expense Depreciation Expense Interest Revenue Arbitration Expense Dividends Inventory Bond Payable (8/9/49) Equipment Land (used to run business) Building Franchise Land held for speculation) Cash Gain on Sale Loss on Sale Sales Other Gains, Losses, Revenues & Exp Sales Discounts Prepaid Insurance Sales Returns & Allowances Pretax Net Income Short Term Investments Rent Expense Supplies Rent Revenue Supplies Expense Retained Earnings 111/X1 Tax Expense Retained Earnings 12/31/X1 Total Operating Expenses THESE ARE THE OPTIONS I HAVE FOR EACH AND EVERY YELLOW BOX. I'M SUPPOSE TO GO ALONG WITH WHAT IM GIVEN TO COMPLETE THE YELLOW BOX. IM NOT SO SURE HOW TO BEGGINN THE FIRST SUM CALCULATION IN TERMS GIVEN (5 BOXES WITH TERMS)
