The name of our company is Company X. Company X will provide food products and related services to satisfy customers needs of timely consumption of food, quality customer service, and adequate prices. These general profit-oriented goals will be achieved by the appropriate S.M.A.R.T goals. These goals are providing food and related services in 1 min or less after order placed to satisfy the need for timely consumption of food by consumers, low dissatisfaction among customers which will be measured by coupon incentivized surveys that come with receipt of transactions to satisfy consumers need of quality customer service, and prices of a single meal not exceeding 10 US dollars. Our intended activities and goals include work processes based on efficiency and effectiveness to obtain long-term profits to increase the welfare of our companys employees. We are 4 partners Each partner will contribute $10,000 towards the company. The salaries for each partner will be $31,200.

Based on the following journal entries, do the Financial Statements Adjusting JE Depreciation JE Monthly loan payments JEs Calculations for loans & depreciation Income Statement (in correct form) Balance Sheet (in correct form)

AR 3000 Revenue 3000 Dinner Expense 210 AR 210 Supplies Expense 230 AR 230 Car Insurance 100 Accounts Payable 100 Rent 1200 Accounts Payable 1200 Utilities 400 Accounts Payable 400 Phones 500 Accounts Payable 500 Utilities 400 Accounts Payable 400 Phones 500 Accounts Payable 500 AR 3100 Revenue 3100 AR 800 Revenue 800 Travel Expense 2,000 Accounts Payable 2,000 Advertisement Expense 345 Accounts Payable 345 AR 1100 Revenue 1100 Tax Expense 125 AR 125 AR 1200 Revenue 1200 Transportation Expense 1250 Cash 1250 AR 1100 Revenue 1100 Computer Equipment 1,560 Cash 1,560 Cash 270 Revenue 270 AR 735 Revenue 735 Vehicle Investment 390 Cash 390 Maintenance Expense 595 Cash 595 Car Insurance 100 Accounts Payable 100 Rent 1200 Accounts Payable 1200 Travel Expense 125 Accounts Payable 125 AR 1100 Revenue 1100 Supplies Expense 1560 Accounts Payable 1560 Cash 2700 Revenue 2700 AR 7350 Revenue 7350 AR 6450 Revenue 6450 Cash 9000 Revenue 9000 Donations Account 300 Cash 3000 AR 7600 Revenue 7600 Advertisement Expense 345 Accounts Payable 345 AR 6,450 Revenue 6,450 Cash 9,000 Revenue 9000 Car Insurance 100 Accounts Payable 100 Rent Accounts Payable 1200 Utilities 400 Accounts Payable 400 Phones 500 Accounts Payable 500 Advertisement Expense 300 Accounts Payable 300 AR 7600 Revenue 7600 Dr cash 40,000 to capital A/c 40,000 Inventory 5,000 Cash 5,000 Vehicle 30,000 Loan Payable 30,000 Insurance Expense 1,500 AR 1,500 Advertisement Expense 2,500 Cash 2,500 Insurance Expense 1,200 AR 1,200 Advertisement Expense 700 Accounts Payable 700 AR 3900 Revenue 3900