ZULU 5 of 75 This Question: 18 pts This Test: 100 pts possible 15 Question Help Studio Photography works weddings and prom-type parties. The Prepare the following financial statements for Studio Photography for balance of Wyatt, Capital was $26,000 at December 31, 2017. At the year ended December 31, 2018: December 31, 2018, the business's accounting records show these a. Income statement. balances: (Click the icon to view the accounts.) b. Statement of owner's equity. Balance sheet a. Prepare Studio Photography's income statement. (If a box is not used in the table leave the box empty: do not select a label or enter a zero.) DHI Net Income Choose from any list or enter any number in the input fields and then continue to the next question Save for Later This Question: 18 pts Question Help Studio Photography works weddings and prom-type parties. The balance of Wyatt, Capital was $26,000 at December 31, 2017. At December 31, 2018, the business's accounting records show these balances: (Click the icon to view the accounts.) Prepare the following financial statements for Studio Photography for the year ended December 31, 2018: a. Income statement b. Statement of owner's equity. C. Balance sheet b. Prepare Studio Photography's statement of owner's equity. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal Wyatt, Capital, January 1, 2018 Wyatt, Capital, December 31, 2018 c. Prepare Studio Photography's balance sheet. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Question Help Studio Photography works weddings and prom-type parties. The balance of Wyatt, Capital was $26,000 at December 31, 2017. At December 31, 2018, the business's accounting records show these balances: (Click the icon to view the accounts.) Prepare the following financial statements for Studio Photography for the year ended December 31, 2018: a. Income statement b. Statement of owner's equity. C. Balance sheet Wyatt, Capital, December 31, 2018 c. Prepare Studio Photography's balance sheet. (If a box is not used in the table leave the box emply do not select a label or enter a zero.) Owner's Equity Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later This VUSUUTI. UPU Question Help 0 Studio Photography works weddings and prom-type parties. The balance of Wyatt, Capital was $26,000 at December 31, 2017. At December 31, 2018, the business's accounting records show these balances: (Click the icon to view the accounts.) Prepare the following financial statements for Studio Photography for the year ended December 31, 2018: a. Income statement b. Statement of owner's equity. Data Table Wyatt, Capital ter a zero.) c. Prepare Stu 5,000 7,000 Insurance Expense Cash Accounts Payable Advertising Expense Service Revenue Wyatt, Withdrawals 8,000 Accounts Receivable 38,000 Notes Payable 13,000 Wyatt, Capital, Dec 31, 2018 3,000 Salaries Expense 125,000 Equipment 9,000 Owner contribution 22,000 120,000 34.000 Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later
