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Prepare a balance sheet Data table Payments of cash: Acquisition of equipment Dividends Retained earnings August 1, 2022 Retained earnings August 31, 2022 Utilities expense

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Prepare a balance sheet

Data table Payments of cash: Acquisition of equipment Dividends Retained earnings August 1, 2022 Retained earnings August 31, 2022 Utilities expense Adjustments to reconcile net income to net cash provided by operations Salary expense Island Coffee Roasters Corp. Balance Sheet August 31, 2022 $ 206,000 Cash balance, August 1, 2022 Cash balance, August 31, 2022 Cash receipts: 2,000 0 Issuance (sale) of stock to owners Rent expense ? Common stock 5,600 Equipment Office supplies 1,200 Accounts payable 78,800 Service revenue Done Print $ 0 6,000 26,400 1,600 26,400 206,000 7,500 8,700 272,400

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