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Please create the year-end income statement, statement of retained earnings, and balance sheet of SRW using the information provided below their year-end is December 31,
Please create the year-end income statement, statement of retained earnings, and balance sheet of SRW using the information provided below their year-end is December 31, 2021.
SRW Inc. | ||
Debit | Credit | |
Accounts payable | 28,0000 | |
Accounts receivable | 37,600 | |
Accumulated depreciation | 31,000 | |
Cash | 48,000 | |
Common shares | 65,000 | |
Fixed Assets | 198,000 | |
Interest Expense | 5,200 | |
Inventory | 28,500 | |
Long-term Debt | 75,000 | |
Rent Expense | 25,300 | |
Retained earnings | 27,100 | |
Salary expense | 37,600 | |
Salary payable | 24,800 | |
Service revenue | 176,900 | |
Supplies expense | 27,700 | |
Utilities expense | 19,900 | |
$427,800 | $427,800 |
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