Question
The completed financial statement columns of the spreadsheet for Bramble Company are as follows. Bramble Company Worksheet For the Year Ended December 31, 2022 Income
The completed financial statement columns of the spreadsheet for Bramble Company are as follows.
Bramble Company Worksheet For the Year Ended December 31, 2022 | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
Income Statement | Balance Sheet | |||||||||
Account No. | Account Titles | Dr. | Cr. | Dr. | Cr. | |||||
101 | Cash | 8,800 | ||||||||
112 | Accounts Receivable | 10,800 | ||||||||
130 | Prepaid Insurance | 2,900 | ||||||||
157 | Equipment | 24,100 | ||||||||
158 | Accumulated DepreciationEquip. | 4,400 | ||||||||
201 | Accounts Payable | 9,000 | ||||||||
212 | Salaries and Wages Payable | 2,500 | ||||||||
311 | Common Stock | 19,300 | ||||||||
320 | Retained Earnings | 8,300 | ||||||||
332 | Dividends | 19,000 | ||||||||
400 | Service Revenue | 59,800 | ||||||||
622 | Maintenance and Repairs Expense | 1,400 | ||||||||
711 | Depreciation Expense | 3,300 | ||||||||
722 | Insurance Expense | 1,800 | ||||||||
726 | Salaries and Wages Expense | 29,700 | ||||||||
732 | Utilities Expense | 1,500 |
|
|
| |||||
Totals | 37,700 | 59,800 | 65,600 | 43,500 | ||||||
Net Income | 22,100 | 22,100 | ||||||||
Totals | 59,800 | 59,800 | 65,600 | 65,600 |
(a1)
Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Bramble Company Income Statement choose the accounting period For the Year Ended December 31, 2022For the Month Ended December 31, 2022December 31, 2022 | ||
---|---|---|
select an opening name for section one DividendsExpensesInvestmentsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues | ||
enter an income statement item | $enter a dollar amount | |
select an opening name for section two DividendsExpensesInvestmentsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues | ||
enter an income statement item | $enter a dollar amount | |
enter an income statement item | enter a dollar amount | |
enter an income statement item | enter a dollar amount | |
enter an income statement item | enter a dollar amount | |
enter an income statement item | enter a dollar amount | |
select a closing name for section two DividendsExpensesInvestmentsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues | enter a total amount for section two | |
select a closing name for this statement DividendsExpensesInvestmentsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues | $enter a total net income or loss amount |
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