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salay expenses 6.500$ insurance 3000$ utility 3500 rent 4000 advertise 3000 Tableau DA 1-3: Mini-Case, Preparing an Income statement LO A1, P2 The owner of
salay expenses 6.500$ insurance 3000$ utility 3500 rent 4000 advertise 3000 Tableau DA 1-3: Mini-Case, Preparing an Income statement LO A1, P2 The owner of Neros company has hired you to analyze her company's performance and financial position, as well as the positions of its competitors, Cetar and Xenmix. However, the data Neros obtained is incomplete and is shown in the following Tableau Dashboard. Accounting Equation Data Xenmix Centar Neros $100,000 Salve for Liabilities $80,000 $60,000 $olve for Assets $40,000 Solve for Equity $20,000 SC Liabilities Equity Liabilities Equity Assets Assets Assets Liabilities Equity Neros Income Statement Data Neros Revenue Accounts Neros Expense Accounts $50,000 Utilities Expense Rent Expense $40,000 $30,000 Insurance Expense $20,000 Advertising Expense $10,000 $30,000 Insuranca Expense $20,000 Expense $10,000 $0 Salaries Expense Consulting Revenue Rental Revenue + ableau 1. Using income statement data for Neros, prepare a December income statement dated December 31 2 If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Using income statement data for Neros, prepare a December income statement dated December 31. NEROS Income Statement Req 2 and 3 > $10,000 $0 Salaries Expense Consulting Revenue Rental Revenue ableau 1. Using income statement data for Neros, prepare a December income statement dated December 31 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Show les A If Neros pays a cash dividend to its sole stockholder to pay for a family 2 vacation, how is this reported on the finanoial statements? If the sole stockholder of Neros invests cash into the business, how is this 3 reported on the financial statements? Req 1
insurance 3000$
utility 3500
rent 4000
advertise 3000
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