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please help with all three pages. on certain pages I marked the ones I got wrong. thank you 1-7. Identification of form of business. .8/10

please help with all three pages. on certain pages I marked the ones I got wrong. thank you image text in transcribed
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1-7. Identification of form of business. .8/10 For each of the following, insert a capital letter to identify which form of business the item represents. Use the letter A for proprietorship. B for partnership, or C for corporation. 1. Georgette Green begins a pet care business by investing $5,000. At the end of the year, she will include the business income or loss on her personal income tax return. (_2. Additional paid-in capital for the Trailblazer Company is 88 per share. C 3. Bronson Company presents a statement of retained earnings in its financial statements at year-end. A4. Jean Johnson's home health care business does not have liability separate from herself. C 5. Grand Canyon Company's retained earnings balance is $5 million. B 6. Jim Moore and his daughter, Jerra Moore, agree that 60% of their company's net profit will go to Jim, and 40% of the net profit will go to Jerra. (7. Michael Johnson and Joaquin Nunoz each invested $10,000 in their computer consulting business and received shares of the company's stock in exchange for their A 8. Tamara Bryant's veterinary clinic has separate liability. She is the only owner. B 9. Alan and David Washington own an automobile repair garage. Alan's capital balance is $8,000, and David's capital balance is $7,000. investments. C 10. Crown Candy Company presents a statement of owner's capital in its annual financial statements. 1-6. Real and nominal accounts, account type. For each of the following, insert TWO answers. The first answer identifies the account type: asset (A), liability (L), equity (EQ), revenue (REV), or expense (EX). The second answer identifies the account as real (REAL) or nominal (N). A REAL 1. Inventory L REAL 2. Bonds payable EQ RE123. Common stock X Ey Nom 4. Prepaid insurance Exp lon_ 6. Cost of goods sold Ex Nom 7. Supplies expense A heel 8. Supplies on hand L fiz 9. Wages payable LRFAL 10. Mortgage payable 4 REM 5. Sales 1-2. Financial statement identification and articulation. For each of the following, insert one or more capital letters to identify the financial statement(s) where the item is found. Use A for the income statement, B for the balance sheet, C for the statement of cash flows, and D for the statement of retained earnings (prepared according to the indirect method). Some items are found on only one statement, while others appear on more than one statement. A.D.CI. Net income B.D. 2. End-of-period retained earnings balance 3. Accumulated depreciation C 4. Net decrease in cash X C.A. 5. Depreciation expense C 6. Net investing cash flows X AC 7. End-of-period cash balance 8. Dividends declared 9. Beginning-of-period retained earnings balance 10. Accounts payable A

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