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Required information [The following information applies to the questions displayed below.] MyBnB started a home rental company on January 1. As of November 30, MyBnB
Required information [The following information applies to the questions displayed below.] MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable Cash Cleaning Expense Common Stock $ 330 1,100 990 3,300 Equipment Repairs Expense Service Revenue Wages Expense $ 2,640 220 2,200 880 5. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the year ended December 31. X Answer is not complete. Complete this question by entering your answers in the tabs below. Show less A Unadj Trial Balance Income Statement Stmt of Retained Earnings Balance Sheet Prepare an unadjusted trial balance. MYBNB Unadjusted Trial Balance At December 31 Debit Credit Cash $ 1.100 X 2,640 Equipment Accounts Payable 330 X Common Stock OOOOOOO 3,300 2,200 X 990 X Service Revenue Cleaning Expense Repairs Expense Wages Expense 220 X 880 x Total $ 5,830 $ 5,830 Income Statement > ! Required information [The following information applies to the questions displayed below) MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. $ 330 1,100 Accounts Payable Cash Cleaning Expense Common Stock Equipment Repairs Expense Service Revenue Wages Expense $ 2,648 220 2,209 880 999 3,309 5. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the year ended December 31 & Answer is not complete. Complete this question by entering your answers in the tabs below. Show less A Unadj Trial Balance Income Statement Stmt of Retained Earnings Balance Sheet Prepare a preliminary income statement as of November 30. MYBNB Income Statement For the Year Ended December 31 Revenues Service Revenue os 2,200 X Total Revenues 2,200 990 X Expenses Cleaning Expense Repairs Expense Wages Expense 220 X 880 & Total Expenses 2.090 Net income IS 110 Required information [The following information applies to the questions displayed below.) MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable Cash Cleaning Expense Common Stock $330 1,100 990 3,300 Equipment Repairs Expense Service Revenue Wages Expense $ 2,640 220 2,200 880 5. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the year ended December 31 Answer is not complete. Complete this question by entering your answers in the tabs below. Show less Unad) Trial Balance Income Statement Stmt of Retained Earnings Balance Sheet Prepare a statement of retained earnings for December 31. If there are no dividends, include a line that reports Dividends of zero MYBNB Statement of Retained Earnings For the Year Ended December 31 S 0 Retained Earnings January 1 Add Not income Less Dividende 110 3 0 1103 Related Earnings December 31 s Complete this question by entering your answers in the tabs beld Unadj Trial Balance Income Statement Stmt of Retained Earnings Balance Sheet Prepare a classified balance sheet as of December 31. MYBNB Balance Sheet At December 31 Assets Current Assets Cash $ 1.100 3 Total Current Assets 1.100 Equipment 2,640 Total Assets $ 3,740 Liabilities Current Liabilities Accounts Payable $ 330 X Total Current Liabilities 3 330 Stockholders' Equity Common Stock $ 3,300 Total Stockholders' Equity 3.300 Total Liabilities and Stockholders' Equity $ 3.630 ! Required information [The following information applies to the questions displayed below) MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. $ 330 1,100 Accounts Payable Cash Cleaning Expense Common Stock Equipment Repairs Expense Service Revenue Wages Expense $ 2,648 220 2,209 880 999 3,309 5. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the year ended December 31 & Answer is not complete. Complete this question by entering your answers in the tabs below. Show less A Unadj Trial Balance Income Statement Stmt of Retained Earnings Balance Sheet Prepare a preliminary income statement as of November 30. MYBNB Income Statement For the Year Ended December 31 Revenues Service Revenue os 2,200 X Total Revenues 2,200 990 X Expenses Cleaning Expense Repairs Expense Wages Expense 220 X 880 & Total Expenses 2.090 Net income IS 110 Required information [The following information applies to the questions displayed below.) MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable Cash Cleaning Expense Common Stock $330 1,100 990 3,300 Equipment Repairs Expense Service Revenue Wages Expense $ 2,640 220 2,200 880 5. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the year ended December 31 Answer is not complete. Complete this question by entering your answers in the tabs below. Show less Unad) Trial Balance Income Statement Stmt of Retained Earnings Balance Sheet Prepare a statement of retained earnings for December 31. If there are no dividends, include a line that reports Dividends of zero MYBNB Statement of Retained Earnings For the Year Ended December 31 S 0 Retained Earnings January 1 Add Not income Less Dividende 110 3 0 1103 Related Earnings December 31 s Complete this question by entering your answers in the tabs beld Unadj Trial Balance Income Statement Stmt of Retained Earnings Balance Sheet Prepare a classified balance sheet as of December 31. MYBNB Balance Sheet At December 31 Assets Current Assets Cash $ 1.100 3 Total Current Assets 1.100 Equipment 2,640 Total Assets $ 3,740 Liabilities Current Liabilities Accounts Payable $ 330 X Total Current Liabilities 3 330 Stockholders' Equity Common Stock $ 3,300 Total Stockholders' Equity 3.300 Total Liabilities and Stockholders' Equity $ 3.630
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