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Prepare a balance sheet at August 31, 2022. (List Assets in order of liquidity.) SUNLAND INDUSTRIES Balance Sheet ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY here to

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Prepare a balance sheet at August 31, 2022. (List Assets in order of liquidity.) SUNLAND INDUSTRIES Balance Sheet ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY here to search T $ -/3 I !!! SUNLAND INDUSTRIES Retained Earnings Statement For the Month Ended August 31, 2022 Retained Earnings, August 1 Add Net Income/(Loss) Less : Dividends Retained Earnings, August 31 eTextbook and Media List of Accounts +A +A 20100 7200 27300 -3000 24300 Prepare an income statement for the month of August, 2022. SUNLAND INDUSTRIES Income Statement For the Month Ended August 31, 2022 Revenues Service Revenue Expenses Insurance Expense Salaries and Wages Expense Rent Expense Total Expenses Net Income/(loss) eTextbook and Media List of Accounts 1800 13600 26700 4100 4 19500 7200 The accounts Accounts payable $1,200 Dividends $3,000 Accounts receivable 6,500 Insurance expense 1,800 Buildings 62,500 Supplies 1,400 Cash 19,300 Notes payable 4,200 Service revenue 26,700 Rent expense 4,100 Common stock 60,000 Salaries and wages expense 13,600 Retained earnings (beginning) 20,100

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