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PLEASE HELP!!! Rutgers Designers began operations on April 1. The financial statements for Rutgers Designers are shown below for the month ended April 30. (the
PLEASE HELP!!!
Rutgers Designers began operations on April 1. The financial statements for Rutgers Designers are shown below for the month ended April 30. (the first month of operations. Determine the missing amounts for each letter. N/A are omitted amounts; they are NOT equal to 0 536,000 Rutgers Designers Income Statement For the Month Ended April 30 Revenue: Expenses: Wages expense Rent expense Supplies expense Utilities expense Miscellaneous expense Total expenses Net income $7.250 4.200 1.800 500 1.550 15.300 (A) Rutgers Designers Statement of Stockholders' Equity For the Month Ended April 30 S 0 Stockholders' Equity, April 1 Investment on Aprili Net income for April Dividends Increase in stockholders' equity Stockholders' Equity, April 30 $45.000 (A) (2.000) N/A N/A SN/A Assets Cash Accounts Receivable Supplies Land Total assets Rutgers Designers Balance Sheet April 30 Liabilities $ (B) Accounts payable 3,000 Stockholders' Equity NA Contributed capital Retained Earnings 580.909 Total liabilities and stockholders' equity 45,000 (D) SE) $33.000 (4.200) Rutgers Designers Statement of Cash Flows For the Month Ended April 30 Cash flows from operating activities: Cash received from customers Cash payments for expenses and payments to creditors Net cash flow from operating activities Cash flows from investing activities: Cash payments for acquisition of land Cash flows from financing activities: Cash received as owner's investment Cash withdrawal by owner Net cash flow from financing activities Net increase in cash and April 30 cash balance 28,800 (20,000) $45,000 (2.000) 43.000 $51.800 Please answer in the following format: 12345 (no dollar signs, no commas). Al Net Income B) Cash: C) Land: D) Retained Earnings: E) Total Stockholders' EquityStep by Step Solution
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