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Please do this question as soon as possible!!!! Wildflower Limited Income Statement for the year ended December 31, 2022 Expenses: Income before income taxes Net
Please do this question as soon as possible!!!!
Wildflower Limited | |
Income Statement | |
for the year ended December 31, 2022 | |
Expenses: | |
Income before income taxes | |
Net income |
Wildflower Limited | ||
Statement of Changes in Equity | ||
for the year ended December 31, 2022 | ||
Common Shares | Retained Earnings | |
Beginning balance | ||
Ending balance |
Wildflower Limited | |
Balance Sheet | |
December 31, 2022 | |
ASSETS | |
Current Assets: | |
Total current assets | |
Capital Assets: | |
Total capital assets | |
Total assets | |
LIABILITIES | |
Current liabilities: | |
Total current liabilities | |
Long-term liability: | |
Total liabilities | |
SHAREHOLDERS' EQUITY | |
Total shareholders' equity | |
Total liabilities and shareholders' equity |
You are presented with the following accounts and balances for Wildflower Limited at December 31,2022. In the space below, you are to prepare in proper format: - an income statement for Wildflower Limited for the year ended December 31, 2022 (15 marks) - a statement of changes in equity for Wildflower Limited for the year ended December 31, 2022 (12 marks) - a balance sheet (statement of financial position) for Wildflower Limited at December 31, 2022 (31 marks) There is a separate grid below for each of the three statements. There are extra rows in each grid. You can click on a grid to make the grid larger on your screen. Wildflower Limited December 31, 2022 "Additional information 1. Common shares of $1,000 were issued during the year. 2. $5,000 of the bank loan payable must be paid in 2023
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