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please do it asap Vision Consulting Inc. began operations on July 1, 2013. Its adjusted account balances at June 30, 2014 are shown below. Use
please do it asap
Vision Consulting Inc. began operations on July 1, 2013. Its adjusted account balances at June 30, 2014 are shown below. Use this information to prepare the following a Income statement for the year ended June 30. b. Statement of changes in equity for the year ended June 30 c. Classified balance sheet at June 30. Account (select one) Balance 5,530 Accounts payable Income Statement Accounts receivable 11,550 Accumulated depreciation, boats 710 Accumulated depreciation, machinery 720 Advertising expense 6,920 2,340 Advertising payable Boats 3,080 Cash 6,300 Commissions earned 11.2007 Consulting revenue eamed 10,910 Copyright 6.290 Depreciation expense, boats 710 Depreciation expense, machinery 720 Dividends 3,380 Intorst named 2.270 ** **** **** *** Account Accounts payable Accounts receivable Accumulated depreciation, boats Accumulated depreciation, machinery Advertising expense Advertising payable Boats Cash Commissions earned Consulting revenue earned Copyright Depreciation expense, boats Depreciation expense, machinery Dividends Interest earned Interest expense Interest receivable Land Long-term notes payable Long-term investment in shares Machinery Mortgage Payable (due September, 2019) Prepaid interest Rent earned Rent expense Rent payable Share capital Short-term notes payable Trademark Balance 5,530 11,550 710 720 6,920 2,340 3,080 5,300 11,290 10,910 6,290 710 720 3,380 2,270 3,050 730 9,000 8,510 7,150 4,380 8,150 1,220 5,110 10,130 9,620 5,770 7,350 4,670 Step by Step Solution
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