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Preparation of Financial Statements SE8. Randall Company engaged in activities during the first year of its operations that resulted in the following: service revenue, $4,800;

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Preparation of Financial Statements SE8. Randall Company engaged in activities during the first year of its operations that resulted in the following: service revenue, $4,800; expenses, $2,450; and withdrawals, $410. In addition, the year-end balances of selected accounts were as follows: Cash, $1,890; Other Assets, $1,000; Accounts Payable, $450; and Owner's Capital, $2,440. Prepare Randall's income statement, statement of owner's equity, and balance sheet (assume the year ends on December 31, 2014). (Hint: You must solve for the beginning. balance of Owner's Equity for 2014.) Chapter 6: Video Activity - Positive Messages Instructions RUBRIC !!! Dissatisfied customers may occasionally post harsh criticism of a product or service on a company's social media site Social media experts say that not every comment on the Web merits a response. Prepare a video presentation that concisely describes the circumstances that merit a professional response to an online post. Then describe the guidelines you should follow when composing to customers online

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