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Points 20 3. Financial Statement Below is the Unadjusted Account Balance (format is scramble) for Funfair Happy Inc. Accounts Amounts 25,200.00 65,700.00 35,440.00 Accounts payable
Points 20 3. Financial Statement Below is the Unadjusted Account Balance (format is scramble) for Funfair Happy Inc. Accounts Amounts 25,200.00 65,700.00 35,440.00 Accounts payable Accounts receivable Beauty supplies Beauty supplies expense Building Cash 21,800.00 210,210.00 580,249.00 425,000.00 Common Stock Dividends 23,800.00 135,000.00 Equipment Insurance Payable 48,000.00 Accounts Amounts Land 148,200.00 48,000.00 Notes Payable Notes Receivable 58,000.00 Prepaid Rent 96,000.00 Rent expense 6,000.00 Retained Earning 210,000 Revenue 491,881.00 Salaries expense 23,400.00 Salaries Payable 18,302.00 Unearned Revenue 150,416.00 Utilities Expense 13,000.00 Totals $2,833,598.00 Requirements: Prepare the following statement: A. The Income Statement, B. The Statement of Retained Earnings C. The Balance Sheet. The sole stockholder, made no additional investments in the company during the year
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