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Tableau DA 2-3: Mini-Case, Preparing an income statement, statement of retained earnings, and balance sheet LO P1 [similar to EX 225,226,227] Maria Gomez owns and

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Tableau DA 2-3: Mini-Case, Preparing an income statement, statement of retained earnings, and balance sheet LO P1 [similar to EX 225,226,227] Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1 . She asks us to assist her with some financial reporting questions. On December 31 , we are provided with a Tableau Dashboard that includes selected accounts and amounts for the month of December. Assets Liabilities Expenses Utilities Expense Consulting Revenue 1. Prepare an income statement for the month ended December 31. 2. Prepare a statement of retained eamings for the month ended December 31 . The retained earnings account balance at December 1 was $0. Hint Use the net income calculated in part 1. 3. Prepare a balance sheet as of December 31 . Hint. Use the ending retained earnings balance calculated in part 2 Complete this question by entering your answers in the tabs below. Prepare an income statement for the month ended December 31 . 1. Prepare an income statement for the month ended December 31. 2. Prepare a statement of retained earnings for the month ended December 31 . The retained earnings account balance at December 1 was $0. Hint Use the net income calculated in part 1. 3. Prepare a balance sheet as of December 31 . Hint. Use the ending retained eamings balance calculated in part 2. Complete this question by entering your answers in the tabs below. Prepare a statement of retained earnings for the month ended December 31 . The retalned eamings account balance at December 1 was 40 . Hint: Use the net income calculated in part 1. Complete this question by entering your answers in the tabs below: Prepare a balance sheet as of December 31 . Hint: Use the ending retained earnings balance calculated in part 2

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