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The Gorman Group End-of-Period Spreadsheet For the Year Ended October 31, 20 V9 Dividends 32,800 Service Fees Rent Revenue Salaries Expense 446,540 Depreciation Expense-Equipment 24,200

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The Gorman Group End-of-Period Spreadsheet For the Year Ended October 31, 20 V9 Dividends 32,800 Service Fees Rent Revenue Salaries Expense 446,540 Depreciation Expense-Equipment 24,200 Rent Expense 20,300 Supplies Expense 14,370 Utilities Expense Depreciation Expense-Buildings 12,980 Repairs Expense Insurance Expense Miscellaneous Expense \begin{tabular}{rr} 6,690 & 1,593,730 \\ \hline 1,593,730 & \\ \hline \hline \end{tabular} Required: 1. Prepare an income statement. The Gorman Group Income Statement For the Year Ended October 31, 20Y9 Revenues: Service fees Rent revenue Total revenues Fxnaneac. 1. Prepare an income statement. that amount as a negative number using a minus sign. The Gorman Group The Gorman Group Statement of Stockholders' Equity The Gorman Group Balance Sheet October 31, 20Y9 Assets Current assets: Cash Accounts receivable Supplies Prepaid insurance Total current assets Property, plant; and equipment: Land Buildings Accumulated depreciation-buildings Book value-buildings Equipment Accumulated depreciation-equipment Cash Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts payable Salaries payable Unearned rent Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 2. Journaire the entries that were required to cogse the accounts at Octeber 11 . If an ampont box does nok requice an entry, leave it blank: 20 ar amsiunts as bositove twember

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