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Homework: Chapter 1 HW Score: 0 of 1 pt 10 of 13 (7 complete) E1-33 (similar to) The account balances and select financial statements of

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Homework: Chapter 1 HW Score: 0 of 1 pt 10 of 13 (7 complete) E1-33 (similar to) The account balances and select financial statements of Willard Towing Service at June 30, 2018, follow: (Click the loon to view the account balances) (Click the icon to view the income statement for the month.) (Click the icon to view the statement of retained earnings for the month.) Requirements 1. Prepare the balance sheet for Willard Towing Service as of June 30, 2018 2. What does the balance sheet report? Requirement 1. Prepare the balance sheet for Willard Towing Service as of June 30, 2018. (If a box is not used in the table leave the bo Willard Towing Service Balance Sheet June 30, 2018 Assets Liabilities Choose from any list or enter any number in the input fields and then click Check Answer 1 part I remaining Clear All Homework: Chapter 1 HW Score: 0 of 1 pt + 10 of 13 (7 complete) E1-33 (similar to) The account balances and select financial statements of Willard Towing Service at June 30, 2018, follow. (Click the icon to view the account balances) (Click the icon to view the income statement for the month.) (Click the icon to view the statement of retained earnings for the month.) Requirements 1. Prepare the balance sheet for Willard Towing Service as of June 30, 2018 2. What does the balance sheet report? Stockholders' Equity Choose from any list or enter any number in the input fields and then click Check Answer. 1 part Clear All remaining alances.) 3 (Click the icon to view the income statement for the month.) of Data Table Equipment Office Supplies Notes Payable Rent Expense Cash 10,800 7,000 11,000 22,050 Service Revenue 700 Accounts Receivable 7,000 Accounts Payable 700 Retained Earnings, June 1, 2018 2,200 Salaries Expense 5,500 Common Stock 3,650 2,300 8,000 Dividends Print Done ber in the input fields and then click Check Answer. 1 tement es.) tained Reference 1 TXOS ring Ser TE Willard Towing Service Income Statement Month Ended June 30, 2018 Revenues: Service Revenue Expenses: Salaries Expense Rent Expense Total Expenses 02 3,000 Ill 7,800 Net Income the in rint Done 1 Clear All A Matement retained nces.) MA Reference wing Set L Willard Towing Service Statement of Retained Earnings Month Ended June 30, 2018 Retained Earnings, June 1, 2018 3,650 7,800 Net income for the month S Dividends 11,450 (5,500) 5,950 Retained Earnings, June 30, 2018 TI Print Done in the in Clear All

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