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- September 30, 2018 financial position Assets Accounts + Receivable + Supplies 3,600 Liabilities Accounts Payable 7,900 Stockholders' Equity Common Retained Stock + Earnings 5,900

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- September 30, 2018 financial position Assets Accounts + Receivable + Supplies 3,600 Liabilities Accounts Payable 7,900 Stockholders' Equity Common Retained Stock + Earnings 5,900 4,150 Cash Equipment 12,000 Bal 2,350 Print Done The following amounts summarize the financial position of Haas Computing, Inc., on September 30, 2018: Click the icon to view the September 30, 2018 financial position.) During October 2018, Haas Computing completed these transactions: (Click the icon to view the transactions.) Read the requirements Requirement 1. Analyze the effects of the preceding transactions on the accounting equation of Haas Computing, Inc. Enter the transactions in the accounting equation, beginning with transaction "a." For transactions that affect stockholders' equity, select the type of equity transaction. For transaction "o", enter the amounts into the accounting equation as one transaction. After all transactions have been entered, calculate the ending balance of each account, total assets, and total liabilities and stockholders' equity. (Use parentheses or a minus nign when decreasing accounts If a box is not used in the table leave the box emply, do not enter a zero.) Assets Liabilities Stockholders' Equity Accounts Accounts Common Retained Type of Equity Cash + Receivable Supplies + Equipment - Payablo Stock Earnings Transaction Bal 2,350 3,600 12,000 - 7.900 5,900 4,150 (0) (b) (0) (d) (o) (a) The following amounts summarize the financial position of Haas Computing, Inc., on September 30, 2018: Click the icon to view the September 30, 2018 financial position) During October 2018, Haas Computing completed those transactions Click the icon to view the transactions.) Read the requirements (h) Bal Total Requirement 2. Prepare the income statement of Hans Computing, Inc., for the month ended October 31, 2018. List expenses in decreasing order by amount, Select the labels and enter the amounts to complete the Income statement. Remember to list expenses in decreasing order by amount. (Una parentheses or a minus sign for a net loss.) Review the accounting equation completed in Requirement1 Haan Computing, Inc. Income Statement Month Ended October 31, 2018 Revenues Expenses Net income (loss) The following amounts summarize the financial position of Haas Computing, Inc., on September 30, 2018: (Click the icon to view the September 30, 2018 financial position) CHER During October 2018, Haas Computing completed these transactions: (Click the icon to view the transactions.) Road the requirements Net income (loss) Requirement 3. Prepare the entity's statement of retained earings the month ended October 31, 2018. Select the labels and enter the amounts to complete the statement of retained earnings. (Uso parentheses or a minus sign for a net loss. Include a subtotal att the "Add" line of the statement.) Review the accounting equation completed in Requirement 1 Haas Computing, Inc. Statement of Retained Earnings Month Ended October 31, 2018 Add Subtotal Less Requirement 4. Prepare the balance sheet of Haas Computing, Inc., at October 31, 2018. Select the labels and enter the amounts to complete the balance sheet. (Do not classity the balance sheet into current and long term soctions. If a box is not ut in the statement leave the box empty, do not select a label or enter a 2010.) Review the accounting equation completed in Requitement 12 Requirement 4. Prepare the balance sheet of Haas Computing, Inc., at October 31, 2018 Select the labels and enter the amounts to complete the balance sheet. (Do not classify the balance sheet into current and long-term sections. If a box is not used in the statement leave the box empty, do not select a label or enter a zero.) Review the accounting equation completed in Requirement 1 Haas Computing, Inc. Balance Sheet October 31, 2018 Assets Llabilities Stockholders' Equity Total stockholders' quity Total assets Total abilities and stockholde equity Transactions X c. e. a. The company received cash of $4,400 and issued common stock. b. Performed services for a customer and received cash of $6,500. Paid $5,000 on accounts payable. d. Purchased supplies on account, $900. Collected cash from a customer on account, $2,200. f. Consulted on the design of a computer system and billed the customer for services rendered, $4,400. g. Recorded the following business expenses for the month: (1) paid office rent $1,600; (2) paid advertising-$650. (Record the cash amount as a total and identify and record any other amounts separately.) h. Declared and paid a cash dividend of $3,200. Print Done

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