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the first photo is ehat i have so far but i cant remeber the formulas to be able to find thr solutions for the other
the first photo is ehat i have so far but i cant remeber the formulas to be able to find thr solutions for the other sections
Record each transaction in the appropriate columns. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative financiar Transaction Merchandise Inventory LIABILITIES STOCKHOLDERS' EQUITY Notes Accounts Paid-in Retained Equipment Payable Payable + Capital Earnings Revenue Expenses 8.700 5,200 1.600 ASSETS Accounts Cash Receivable 8.700 5.200 (1.600) (1.600) (9.300) 6.500 b 0 1.600 5.400 14.700 13.200) 1 6.500 3.2001 140 O 140 2,850 h (1.300) 4,400 4,150 (8.900) 1 9,100 13,500 8.900 2.000 2.000 k (3.200) 3,200 (4,300) 9,900 (4,300) 6,090 5,900 6,750 1,600 5200 8.700 0+ 20.000 158.40 RA Required B > After completing parts a through I, prepare an income stater decreases with a minus sign to indicate a negative income st ok BLUE CO. STORES INC. at Income Statement Effect ht Sales $ 20,000 nces Cost of goods sold Gross profit Rent expense Advertising expense Wages expense Gross loss Net income After completing parts a through I, prepare an income stater decreases with a minus sign to indicate a negative income st ok BLUE CO. STORES INC. at Income Statement Effect ht Sales $ 20,000 nces Cost of goods sold Gross profit Rent expense Advertising expense Wages expense Gross loss Net income Step by Step Solution
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