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Print item Book Calculator Transactions, Financial Statements On April 1, 2010, Maria Adams established Custom Realty, Maria completed the fo a. Opened a business bank
Print item Book Calculator Transactions, Financial Statements On April 1, 2010, Maria Adams established Custom Realty, Maria completed the fo a. Opened a business bank account with a deposit of $34,000 in exchange b. Purchased supplies on account, $3,490. c. Paid creditor on account, $2,210. d. Earned sales commissions, receiving cash, $35.600. e. Paid rent on office and equipment for the month, $6,980. f. Pald dividends, $11,000. 9. Paid automobile expenses for month, $3,350, and miscellaneous exp h. Paid office salaries, $4,200. Determined that the cost of supplies on hand was $1,170, therefore, the cost of supplies used was $2,320. Required: 1. Indicate the effect of each transaction and the balances after each transaction. For those boxes in which no entry is required, leave the box blank. If required, enter negative values as negative numbers using a minus sign. Assets Stockholders' Equity - Llabilities + Salaries Auto Supplies Accounts Common Miscellaneous Cash + Supplies - Dividends Payable Commissions - Rent Expenser Stock Expense Expense Expense Expense ELLO! III UN Check My Work 2 more Check My Work uses Previous H Emal instructor Save and Eat Submit Assignment for Grade 2. Prepare an income statement for April Custom Realty Income Statement For the Month Ended April 30, 20Y8 Expenses: Total expenses Prepare a statement of stockholders' equity for April. If an amount is zero, enter"0". For those boxes in which you must enter subtracted or negative numbers use a minus sign. Custom Realty Statement of Stockholders' Equity For the Month Ended April 30, 2048 Common Stock Retained Earnings Total Prepare a balance sheet as of April 30. Custom Realty Balance Sheet April 30, 2018 Total expenses Prepare a statement of stockholders' equity for April. If an amount is zero, enter "o". For those boxes in which you must enter subtracted or negative numbers use a minus sign. Custom Realty Statement of Stockholders' Equity For the Month Ended April 30, 2048 Common Stock Retained Earnings Total Prepare a balance sheet as of April 30. Custom Realty Balance Sheet April 30, 2013 DO O CIC Stockholders Equity Total stockholders' equity Total abilities and stockholders' equity Check My Work 2 more Check My Work uses remaining
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