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Prp ent Professional library Accumulated depreciation-Professional 1ibrary Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned training fees Common stock Retained earnings Dividends Tuition fees earned
Prp ent Professional library Accumulated depreciation-Professional 1ibrary Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned training fees Common stock Retained earnings Dividends Tuition fees earned Training fees earned Depreciation expense-Professional library Depreciation expense-Equipment Salaries expense Insurance expense Rent expense Teaching supplies expense Advertising expense Utilities expense Totals 35,000 10,000 80,000 15,000 26,000 12,500 10,000 80,000 50,000 123,900 40,000 50,000 33,000 6,000 6,400 $ 317,400 $317,400 3-a. Prepare Wells Technical Institute's income statement for the year 2017. 3-b. Prepare Wells Technical Institute's statement of retained earnings for the year 2017 3-c. Prepare Wells Technical Institute's balance sheet as of December 31, 2017. Complete this question by entering your answers in the tabs below. Req 3A Req 3B Req 3C Prepare Wells Technical Institute's income statement for the year 2017 WELLS TECHNICAL INSTITUTE Income Statement For Year Ended December 31, 2017 Req 3B Req 3A Req 3 Prepare Wells Technical Institute's statement of retained earnings for the year 2017. WELLS TECHNICAL INSTITUTE Statement of Retained earnings For Year Ended December 31, 2017 Retained earnings, December 31, 2016 Retained earnings, December 31, 2017 Req 3A Req 3C >
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