Using the following information, I was wondering if I could get help filling out the Income sheet, Balance sheet, and Statement of Stockholders' Equity at the end of the question. Thank you for your time.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\begin{tabular}{|c|l|l|l|l|} \hline 3 & 1/1/2022 & Supplies & $2,500 & \\ \hline & & Accounts Payable & & \\ \hline & & Purchases supplies worth \$2,500 on account \\ \hline & & Your Journal Entry: & & \\ \hline & & & & \\ \hline & & & & \\ \hline Text & p. 78 & Description for Correctly recording the Transaction \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|l|} \hline 5 & 1/30/2022 & Equipment & \multicolumn{2}{|c|}{$6,000} & \multicolumn{2}{|c}{$6,000} \\ \hline & & Note Payable & & \\ \hline & & Purchases equipment worth \$6,000 on a six month 8\% note payable \\ \hline & & Your Journal Entry: & & \\ \hline & & & & \\ \hline Text & p.77 & Description for Correctly recording the Transaction \\ \hline \end{tabular} \begin{tabular}{|c|l|l|l|l|l|} \hline 6 & 1/15/2022 & Accounts Receivable & \multicolumn{2}{|c|}{$30,000} & \multicolumn{2}{|l}{} \\ \hline & & \multicolumn{1}{|c|}{ Service Revenue } & & \\ \hline & & Provides services for $30,000 on account due in 30 days \\ \hline & & Your Journal Entry: & & \\ \hline & & & & \\ \hline Text & p. 79 & Description for Correctly recording the Transaction & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline 7 & 1/18/2022 & Cash & \multicolumn{1}{|c|}{$4,000} & \\ \hline & & \multicolumn{1}{|c|}{ Unearned (Deferred) Revenue } & \\ \hline & & Schedules service to be performed at a future date for a customer. Receives $4,000 in advance from the customer on this date. \\ \hline & & Your Journal Entry: & & \\ \hline & & & & \\ \hline Text & p. 80 & Description for Correctly recording the Transaction & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l} \hline 13 & 1/31/2020 & Rent Expense & \multicolumn{1}{|c|}{} \\ \hline & & Pre-Paid Rent & & \\ \hline & & One month of the prepaid rent asset has expired & \\ \hline & & Your Journal Entry: & & \\ \hline & & & & \\ \hline & & & & \\ \hline Text & P. 131 & Description for Correctly recording the Transaction & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline 17 & 1/31/2022 & Accounts Receivable & \multicolumn{1}{|c|}{$8,000} & \\ \hline & & \multicolumn{1}{|c|}{ Service Revenue } & \\ \hline & & Accrue \$8,000 for services provided to a customer on January 25th (not yet recorded in period) \\ \hline & & Your Journal Entry: & & \\ \hline & & & & \\ \hline & & & & \\ \hline Text & P. 128 & Description for Correctly recording the Transaction \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline 18 & 1/31/2022 & Income Tax Expense & $ & \\ \hline & & Income Tax Payable & & $ \\ \hline & & Optional to record only in T accounts. & \\ \hline & & Accrue an Expense 20\% of Net Income & & \\ \hline \end{tabular} Your Company Income Statement For Period Ending January 31st2022 Sales Revenue Sales Revenue (Sales Discounts) (Sales Return) Net Sales Cost of Goods Sold (Cost of Goods Sold) Gross Profit Operating Revenues Service Revenue \begin{tabular}{|c|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} Total Operating Revenue Operating Expenses (Supplies Expense) (Salaries Expense) (Utilities Expense) (Misc. Expense) (Rent Expense) (Depreciation Expense) (Advertising Expense) (Service Fee Expense) (Bad Debt Expense) (Research \& Development Fees) Total Operating Expenses Income/(Loss) from Operations Interest. Gains or Losses Interest Revenue (Interest Expense) Gain (Loss) Income before Taxes (Income Tax Expense - 20\%) Net Income/(Loss) \begin{tabular}{|c|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \hline \end{tabular} Your Company Balance Sheet For Period Ending January 31st2022 Current Assets Cash Accounts Receivable Less: Allowance for Uncollectible Accounts Inventory Supplies Pre-Paid Rent (Feb) Total Current Assets Long-Term Assets Land Equipment Buildings (Accumulated Depreciation) Patent Net Long-Term Assets Total Assets \begin{tabular}{|l|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} \begin{tabular}{|l|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} Current Liabilities Accounts Payable Salaries Payable Deferred Revenue Interest Payable Utilities Payable Income Tax Payable Total Current Liabilities Long-Term Liabilities Long-Term Notes Payable Total Long-Term Liabilities Total Liabilities \begin{tabular}{|l|} \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} Stockholder's Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities \& Stockholder's Equity \begin{tabular}{|c|} \hline \\ \hline \\ \hline \end{tabular} Does A=L+S/E Yes Your Company Statement of Stockholders' Equity For Period Ending Januarv 31st2022
