Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Total 71,500 $ 71,500 tequirement 2. Prepare the financial statement for the month ended April 30, 2018, which will show the company the results of

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Total 71,500 $ 71,500 tequirement 2. Prepare the financial statement for the month ended April 30, 2018, which will show the company the results of operations for the month. Begin by selecting the labels for the financial statement header, then in the next step complete the financial statement Luxury Pool Service, Inc. Income Statement For the Month Ended April 30, 2018 Choose from any list or enter any number in the input fields and then click Check Answer. Account Dividends......... Utilities expense.... Accounts receivable. Delivery expense. Retained. earnings ..... Salary.expense ..... Balance Account 3,800 Common.stock 1,700 Accounts.payable. 5,800 Service revenue. 500 Equipment.. 4,400 Note payable. 8,800 Cash.. Balance 16,800 4,500 21,300 32,000 24,500 18,900 Total assets 1 / Account / / / / / / / / / / 1/ 11 / 2 // 11 / 2 1 1 17 1. Compute the total assets for the business. (If a box is no / / 1/ / Amount / 1 / 1 1 1/ 1 1 1 V October 31, 2018 Balance Debit Credit Account Title Cash 4,000 Accounts receivable 18,000 2,000 47,000 20,000 Supplies Land Equipment Accounts payable Note payable Common stock Retained earnings Service revenue 23,000 24,000 13,000 8,000 71,400 37,000 Salary expense Rent expense 10,500 900 Utilities expense 139,400 $ 139,400 Total

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

Students also viewed these Accounting questions