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provide at least 3 observations on profitability and 3 observations on liquidity. Johns Landscaping, Inc Income Statement For the month ended January 31, 2021 Revenues

provide at least 3 observations on profitability and 3 observations on liquidity.

Johns Landscaping, Inc
Income Statement
For the month ended January 31, 2021
Revenues
Service Revenue $ 9,300.00
Expenses
Rent Expenses $ 7,200.00
Utilities Expenses $ 500.00
Misc Expenses $ 400.00
Total Expenses $ 8,100.00
Net Income $ 1,200.00
Johns Landscaping, Inc
Statement of Stockholders Equity
For the month ended January 31, 2021
Common Stock $ 12,000.00
Net Income for the month $ 1,200.00
Dividends paid $ (1,000.00)
Total Stockholders Equity $ 12,200.00
Johns Landscaping, Inc
Balance Sheet
For the month ended January 31, 2021
Assets
Current assets
Cash $ 2,000.00
Accounts Receivables $ 1,000.00
Supplies $ 2,800.00
Total current assets $ 5,800.00
Equipment $ 9,900.00
Total Assets $ 15,700.00
Liabilities and Stockholders Equity
Current Liabilities
Accounts Payable $ 3,500.00
Total Current Liabilities $ 3,500.00
Stockholders Equity $ 12,200.00
Total Liabilities and Stockholders Equity $ 15,700.00

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