The owner of Neros company has hired you to analyze her company's performance and financial position, as well as the positions of its competitors, Centar and Xenmix. However, the data Neros obtained is incomplete and is shown in the following Tableau Dashboard Accounting Equation Data Centar Neros Xenmix $100,000 Salve for Liabilities $80,000 $60,000 $olve for Assets $40,000 $olve for Equity $20,000 Assets Liabilities.. Assets Liabilities .. Assets Liabilities.. Neros Income Statement Data Neros Revenue Accounts Neros Expense Accounts $50,000 Utilities Expense Rent Expense $40,000 $30,000 Insurance Expense $20,000 Advertising Expense $10,000 $0 Salaries Expense Consulting Revenue Rental Revenue tableau TO 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Req 1 Req 2 and 3 Using income statement data for Neros, prepare a December income statement dated December 31. NEROS Income Statement Req1 Req 2 and 3 > Reg 1 Req 2 and 3 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Show less A If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? The owner of Neros company has hired you to analyze her company's performance and financial position, as well as the positions of its competitors, Centar and Xenmix. However, the data Neros obtained is incomplete and is shown in the following Tableau Dashboard Accounting Equation Data Centar Neros Xenmix $100,000 Salve for Liabilities $80,000 $60,000 $olve for Assets $40,000 $olve for Equity $20,000 Assets Liabilities.. Assets Liabilities .. Assets Liabilities.. Neros Income Statement Data Neros Revenue Accounts Neros Expense Accounts $50,000 Utilities Expense Rent Expense $40,000 $30,000 Insurance Expense $20,000 Advertising Expense $10,000 $0 Salaries Expense Consulting Revenue Rental Revenue tableau TO 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Req 1 Req 2 and 3 Using income statement data for Neros, prepare a December income statement dated December 31. NEROS Income Statement Req1 Req 2 and 3 > Reg 1 Req 2 and 3 2. If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements? Show less A If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements?
