Create the income statement Create the statement of stockholders\' equity Create
ID: 2328388 • Letter: C
Question
Create the income statement
Create the statement of stockholders' equity
Create an end of period balance sheet
Cash Equipment Accounts payable Delivery expense Salaries expense $ 1,200 Service revenue 29,000 Food Expense 4,400 Buildings 2,600 Supplies 5,500 Salaries payable $67,700 53,400 40,000 3,400 800 In addition, the company had common stock of $40,000 at the beginning of the year and issued an additional $4,000 during the year. The company also had retained earnings of $18,200 at the beginning of the year,Explanation / Answer
Income statement :
Statement of stockholder's equity:
Balance sheet:
Revenue Service revenue 67700 Expense Salaries expense 5500 Delivery expense 2600 Food expense 53400 Total expense 61500 Net Income 6200