Question
Presented below are the normal adjusted account balances of North Cinema on October 31, 2020: Cash $ 6,000 Concession Supplies 4,000 Theatre Equipment 60,000 Accumulated
Presented below are the normal adjusted account balances of North Cinema on October 31, 2020:
Cash $ 6,000
Concession Supplies 4,000
Theatre Equipment 60,000
Accumulated DepreciationTheatre Equipment 12,000
Accounts Payable 5,000
Unearned Ticket Revenue 2,000
Common Stock 25,000
Retained Earnings 15,000
Dividends 12,000
Theater Revenues 80,000
Concession Revenues 15,000
Concession Supplies Expense 5,000
Depreciation Expense 10,000
Salaries Expense 57,000
1. Using this information, prepare for the month ending October 31:
1. an income statement.
2. a retained earnings statement.
3. a balance sheet.
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