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Record all transactions for your new moving company 1 . Record your initial investment of $ 1 0 0 , 0 0 0 2 .

Record all transactions for your new moving company 1. Record your initial investment of $100,0002. Record the energy bills (January, February, and March)3. Record all moving jobs that are listed on your calendar (January, February, and March). You will record the sale, the contractor expense, and supplies expense for each job. 4. Record the two separate truck purchases and calculate depreciation for January, February, and March 5. Record the leasing agreement Any trucks purchased will be depreciated over 12 years with no residual value. Depreciation is calculated at the end of each month. You have a 5 year loan on all the vehicles you purchase and the payment is due the 1st of every month. You pay your movers (you consider them contractors) at $20 per man hour for each moving job. They are paid at the end of each week. You do not owe payroll taxes on their wages. You expense the cost of supplies (boxes, tape, paper) for each job. The supply cost is listed for each job on the moving calendar. You pay your bills on the due date, not when received. You take full payment from the customers on the day of the move. 1 Record your initial investment 1/2/2018 Cash $100,000 Common Stock $100,0002 Record the energy bills 1/31/2018 Utility expenses $665.72 Utility payable $665.722/15/2018 Utility Payable $665.72 Cash $665.722/28/2018 Utility expenses $845.79 Utility payable $845.793/15/2018 Utility Payable $845.79 Cash $845.793/31/2018 Utility expenses $795.63 Utility payable $795.634/15/2018 Utility Payable $795.63 Cash $795.633 Record all moving jobs that are listed on your calendar 1/4/2018 Cash $1,500 Sale $1,5001/4/2018 Contractor expense (12 x $20) $240 Contractor expense payable $2401/4/2018 Supplies expenses $200 Cash $2001/6/2018 Cash $300 Sale $3001/6/2018 Contractor expense (2 x $20) $40 Contractor expense payable $401/6/2018 Supplies expenses $50 Cash $501/6/2018 Contractor expense payable $280 Cash $2801/9/2018 Cash $2,200 Sale $2,2001/9/2018 Contractor expense (15 x $20) $300 Contractor expense payable $3001/9/2018 Supplies expenses $500 Cash $5001/12/2018 Cash $400 Sale $4001/12/2018 Contractor expense (2.5 x $20) $50 Contractor expense payable $501/12/2018 Supplies expenses $50 Cash $501/13/2018 Contractor expense payable $350 Cash $3501/28/2018 Cash $350 Sale $3501/28/2018 Contractor expense (1.5 x $20) $30 Contractor expense payable $301/28/2018 Supplies expenses $50 Cash $502/1/2018 Cash $1,500 Sale $1,5002/1/2018 Contractor expense (12 x $20) $240 Contractor expense payable $2402/1/2018 Supplies expenses $300 Cash $3002/3/2018 Contractor expense payable $270 Cash $2702/4/2018 Cash $650 Sale $6502/4/2018 Contractor expense (5 x $20) $100 Contractor expense payable $1002/4/2018 Supplies expenses $50 Cash $502/10/2018 Contractor expense payable $100 Cash $1002/16/2018 Cash $5,000 Sale $5,0002/16/2018 Contractor expense (23 x $20) $460 Contractor expense payable $4602/16/2018 Supplies expenses $1,000 Cash $1,0002/20/2018 Cash $500 Sale $5002/20/2018 Contractor expense (3 x $20) $60 Contractor expense payable $602/20/2018 Supplies expenses $50 Cash $502/24/2018 Contractor expense payable $520 Cash $5203/10/2018 Cash $2,000 Sale $2,0003/10/2018 Contractor expense (18 x $20) $360 Cash $3603/10/2018 Supplies expenses $300 Cash $3003/14/2018 Cash $300 Sale $3003/14/2018 Contractor expense (1.5 x $20) $30 Contractor expense payable $303/14/2018 Supplies expenses $50 Cash $503/17/2018 Contractor expense payable $30 Cash $303/29/2018 Cash $1,500 Sale $1,5003/29/2018 Contractor expense (12 x $20) $240 Contractor expense payable $2403/29/2018 Supplies expenses $300 Cash $3003/31/2018 Contractor expense payable $240 Cash $2404 Record the two separate truck purchases and calculated depreciation for Jan, feb and March 1/12/2018 Moving trucks $103,480 Long term Loan $103,4803/23/2018 Moving Trucks $48,325 Long term loan $48,3251/31/2018 Depreciation expense $718.61 Accumulated Depreciation $718.61(Full month depreciation is charged)2/28/2016 Depreciation expense $718.61 Accumulated Depreciation $718.613/31/2018 Depreciation expense $718.61 Accumulated Depreciation $718.61 Depreciation is not charged on second purchase as it put to use in last week of March 2/1/2018 Long term loan $1,724.67 Cash $1,724.67(Loan installment paid)3/1/2018 Long term loan $1,724.67 Cash $1,724.675 Record the leasing agreement 1/1/2018 Refundable Deposit $5,000 Cash $5,0001/1/2018 Rent expense $1,000 Cash $1,0002/1/2018 Rent expense $1,000 Cash $1,0003/1/2018 Rent expense $1,000 Cash $1,000
Need an income statement that includes income,sales,total income, gross profit, expenses, depreciation expense, job supplies, rent and lease, salaries and wages, utilities, total expenses, net operating income and net income. Need it in excel
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