Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The trial balance as of July 31, 2018, for Susan Smith, Registered Dietician, is presented below: Click the icon to view the trial balance.) Read

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The trial balance as of July 31, 2018, for Susan Smith, Registered Dietician, is presented below: Click the icon to view the trial balance.) Read the requirements. Requirement 1. Prepare the income statement for the month ended July 31, 2018. (If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Susan Smith, Registered Dietician Income Statement Month Ended July 31, 2018 Not Income Requirement 2. Prepare the statement of owner's equity for the month ended July 31, 2018. The beginning balance of capital was 50 and the owner contributed $21,000 during the mon Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Complete all answer boxes. Enter a "o" for any zero balances) Susan Smith, Registered Dietician Statement of Owner's Equity Choose from any list or enter any number in the input fields and then continue to the next question. i Prisen Home trial balance as of July 31, 2018, for Susan Smith, Registered Dietician, is presented below: Click the icon to view the trial balance.) nad the requirements et Income equirement 2. Prepare the statement of owner's equity for the month ended July 31, 2018. The beginning balance of capital was 50 and the owner contributed $21,000 during the month Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Complete all answer boxes. Enter a "O" for any zero balances.) Susan Smith, Registered Dietician Statement of Owner's Equity Month Ended July 31, 2018 Smith, Capital, July 1, 2018 Smith, Capital, July 31, 2018 Requirement 3. Prepare the balance sheet as of July 31, 2018. (If a box is not used in the statement, leave the box empty, do not select a label or enter a zero) Susan Smith, Registered Dietician Balance Sheet July 31, 2018 Liabilities Assets Choose from any list or enter any number in the input fields and then continue to the next question PII Prusan FB Home End The trial balance as of July 31, 2018, for Susan Smith, Registered Dietician, is presented below: EF (Click the icon to view the trial balance.) Read the requirements Smith, Capital, July 31, 2018 Requirement 3. Prepare the balance sheet as of July 31, 2018. (If a box is not used in the statement, leave the box empty do not select a label or enter a zero) Susan Smith, Registered Dietician Balance Sheet July 31, 2018 Assets Liabilities Owner's Equity Requirement 4. Calculate the debt ratio as of July 31, 2018 Select the debt ratio formula on the first line and then calculate the ratio = Debt ratio 1 96 Choose from any list or enter any number in the input fields and then continue to the next question > 15 DI (22 complete egistered Dietic i Data Table Susan Smith, Registered Dietician month ended July Trial Balance bbel or enter a ze Dietician July 31, 2018 nt Balance 1. 2018 Account Title Debit Credit $ 35,000 9,800 1,500 2,000 18,000 Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accounts Payable Uneamed Revenue Notes Payable Smith, Capital Smith, Withdrawals Service Revenue Salaries Expense Ront Expense 3,300 8,828 25,000 21,000 2,300 er's equity for the month of otal and any decreases to 13,922 d $21,000 during the mor 2.300 Dietician s Equity 800 350 in the input fields and then Print Done BE F3 F4 FS F6 F7 PrtSen FB Home 59 End F

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Mathematics

Authors: OpenStax

1st Edition

1711470554, 978-1711470559

Students also viewed these Accounting questions

Question

Write a Python program to check an input number is prime or not.

Answered: 1 week ago