Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please do this as soon as possible it would mean a lot! thank you so much in advance inancial statements from an end-of-period spreadsheet Instructions

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
please do this as soon as possible it would mean a lot! thank you so much in advance
inancial statements from an end-of-period spreadsheet Instructions Labels and Amount Descriptions Income Statement Statement of Owner's Equity Balance Sheet Instructions 2 Trial Balance Trial Balance Income Statement Balance Sheet Balance Sheet Income Statement Credit 3 Account Title Debit Credit Debit Debit Credit 4 Cath 12.00 5 Accounts Receivable 102.00 6 Supplies 3.00 1 Prepaid Insurance 200 8 Land 186.00 55.00 9.00 35.00 Equipment 10 Accumulated Deprecation-Equipment 11 Accounts Payable 11 Wages Payable 15 Brenda Schulta, Capital 14 Brenda Schultz, Drawing 1.00 251.00 6.00 15 Fees Earned 222.00 107.00 16.00 13.00 16 Wages Expense 11 Rest Expense 11 Insurance Expense 19 Uuties Expense Supplies pense 11 Depreciation Expense 12 Miscellaneous Expense 8.00 3.00 3.00 2.00 23 $518.00 $518.00 14 Nama Indah Instructions Labels and Amount Descriptions Ale d trial balance is presented below. Labels Current assets Current liabilities Expenses For the Year Ended October 31, 2019 Alert Security Services Co. End-of-Period Spreadsheet he Year Ended October 31, 2019 October 31, 2019 ed Adjusted Income ince Trial Balance Income Statement Statement Credit Debit Credit Property, plant, and equipment Revenues Amount Descriptions Brenda Schultz, capital, November 1, 2018 Brenda Schultz, capital, October 31, 2019 Decrease in owner's equity Increase in owner's equity Net Income 12.00 102.00 3.00 2.00 Net loss 186.00 Total assets 55.00 Total current assets 9.00 Total expenses Total liabilities 35.00 1.00 Total liabilities and owner's equity Total property, plant, and equipment 251.00 Total revenues 6.00 Withdrawals 222.00 107.00 16.00 Income Statement Prepare an income statement for the year ended October 31, 2019. If a not loss has been incurred, enter that amount as a negative number using a minus sign. Be sure to names in the instructions and the lists of Labels and Amount Descriptions for the exact wording of text entries. You will not need to enter colons (.) on the income statemer Alert Security Services Co. Income Statement (Label (Label) 9 10 Instructions Labels and Amount Descriptions Income Statement Statement of Owner's Equity Balance Sheet ncome Statement Statement of Owner's Equity Prepare a statement of owner's equilty for the year ended October 31, 2019. No additional investments were made during the year. Alert Security Services Co. offers security services to busine me statement heading. Use the list of Labels and Amount Descriptions for the correct wording of text items. For those boxes in which you must enter subtracted or negative numbers, use a mi Alert Security Services Co. Statement of Owner's Equity (Label Income Statement Statement of Owner's Equity Balance Sheet MUSULUI SUIVIES VU. Balance Sheet (Label) 1 Assets 2 Label 3 4 5 5 6 7 8 (Label) 9 10 11 12 13 14 Liabilities 15 (Label 16 17 18 19 Owner's equity 20 21

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Brinks Modern Internal Auditing A Common Body Of Knowledge

Authors: Robert R. Moeller

8th Edition

9781119016984

More Books

Students also viewed these Accounting questions

Question

5. Structure your speech to make it easy to listen to

Answered: 1 week ago

Question

1. Describe the goals of informative speaking

Answered: 1 week ago