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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 Interest expense 410 Supplies expense 380 Equipment (net) 48.200 Depreciation expense 270 Salaries and wages expense 2,500 Service revenue 20.920 Bonds payable 21,500 Salaries and wages payable 445 Unearned service revenue 4,065 Common stock 9.100 Accounts receivable 1.300 Interest payable 140 Cash 3.950 Using the information, answer the following questions. Prepare an income statement for the month of October 2022. REESE INC. Income Statement $ Prepare a retained earnings statement for the month of October 2022. REESE INC. Retained Earnings Statement Prepare a balance sheet as of October 31, 2022. (List assets in order of liquidity.) REESE INC. Balance Sheet Assets $ Liabilities and Stockholders' Equity 1!

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