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Reese Inc., a provider of consulting services, was founded on October 1, 2022. At the end of the first month of operations, the company decided

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Reese Inc., a provider of consulting services, was founded on October 1, 2022. At the end of the first month of operations, the company decided to prepare an income statement, retained earnings statement, and balance sheet using the following information, Accounts payable $3,300 Supplies $2.460 380 270 20.920 Interest expense Equipment (net) Salaries and wages expense Bonds payable Unearned service revenue Accounts receivable Cash 410 Supplies expense 48,200 Depreciation expense 2,500 Service revenue 21,500 Salaries and wages payable 4,065 Common stock 1,300 Interest payable 3,950 445 9,100 140 Using the information, answer the following questions, REESE INC. Balance Sheet For the Month Ended October 31, 2022 Assets current assets $ 7710 Cash 3950 Accounts Receivable 1300 Supplies 2460 Total Assets $ Liabilities and Stockholders' Equity Liabilities Accounts Payable $ Interest Payable Salaries and Wages Payable Liabilities and Stockholders' Equity Liabilities Accounts Payable $ Interest Payable Salaries and Wages Payable Unearned Service Revenue total current liabilities Total Assets $

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