Question
Using the account titles listed below, create these financial statements for EXAMPLE COMPANY for the year ended December 31, XXXX: income statement, statement of retained
Using the account titles listed below, create these financial statements for EXAMPLE COMPANY for the year ended December 31, XXXX:
income statement,
statement of retained earnings,
and balance sheet.
Please prepare your answers in a spreadsheet that you create, using proper spreadsheet techniques. You don't need to add numbers.
Account Title
Account Payable
Account Receivable
Accumulated Depreciation - Building
Accumulated Depreciation - Office
Equipment
Accumulated Depreciation - Store
Fixtures
Administration Salaries Expense
Advertising expense
Allowance for Doubtful Accounts
Beginning Retained Earnings
Building
Cash
Common Stock
Cost of Good Sold
Credit Card Revenues
Depreciation Expense - Building
Depreciation Expense - Office
Equipment
Depreciation Expense - Store Equpment
Dividends on Common Shares
Employer Taxes payable
Freight expense
Gains on Sales of Equipment
Insurance expense
Interest Expense
Interest Payable
Inventory
Land
Mortgage Payable
Notes Payable
Notes Receivable
Office equipment
Office supplies
Office Supplies Expense
Paid in Excess of Par
Patents
Petty Cash
Prepaid Insurance
Rent expense
Rent revenue
Salaries Payable
Sales
Sales Commissions
Sales discounts
Sales returns
Sales Tax payable
Store fixtures
Supplies
Supplies Expense
Unearned revenue
Unfunded Pension Due
Utilities Expense
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