Question
Ticket revenue USD 180000 Equipment rent expense 50000 Film rent expense 53400 Concession revenue 29600 Advertising expense 18600 Salaries expense 60000 Utilities expense 14100 Cash
Ticket revenue USD 180000
Equipment rent expense 50000
Film rent expense 53400
Concession revenue 29600
Advertising expense 18600
Salaries expense 60000
Utilities expense 14100
Cash dividends declared and paid 12000
Balance sheet amounts at June 30 include the following:
Cash USD 140,000
Land 148000
Accounts payable 87600
Capital stock 114000
Retained earnings as of 2010 June 1 84900
a. how do I Prepare an income statement for June 2010.
b. How do I Prepare a statement of retained earnings for June 2010.
c. How do I Prepare a balance sheet as of 2010 June 30.
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