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| Dog Gone It Daycare | |
| Statement of retained earnings | |
| For the Year ended December 31, 2018 | |
| Retained earnings, Dec 31,2017 | $ 57,000.00 |
| Add: Net income for the year | $ 89,800.00 |
| $ 146,800.00 | |
| Dividends | $ 33,000.00 |
| Retained earnings, Dec 31,2018 | $ 113,800.00 |
Net income = Service revenue Minus all expenses.
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Advertising Expense Salaries Expense Rent Expense Total Expenses 12,000 64,000 8,000 95,200 89,800 Net Income $...
Presented here are the accounts of Dog Gone It Daycare for the year ended December 31,...
Presented here are the accounts of Dog Gone It Daycare for the year ended December 31, 2018. (Click the icon to view the accounts.) Requirements 1. Prepare Dog Gone It Daycare's income statement. 2. Prepare the statement of retained earnings. 3. Prepare the balance sheet. Requirement 1. Prepare Dog Gone It Daycare's income statement. (Check your spelling carefully and do not abbreviate. When applicable, use only the account names pro problem statement.) Dog Gone It Daycare Statement of Retained Earnings...
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Salaries payable to workers at the end of the year Advertising expense for the year Building...
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calculate the missing amounts 39,000 BULLDOG, INC. Income Statement Revenues Expenses: Salaries Advertising Utilities Net income...
calculate the missing amounts
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$ Sales discounts Office salaries expense Rent expense-Office space Advertising expense Sales returns and allowances Office...
$ Sales discounts Office salaries expense Rent expense-Office space Advertising expense Sales returns and allowances Office supplies expense Cost of goods sold Sales Insurance expense Sales staff salaries 860 3,100 2,600 720 360 720 11,200 42,000 2,100 3,600 Required: Prepare a multiple-step income statement for the year ended December 31. $ 42,000 Save-the-Earth Co. Income Statement For Year Ended December 31 Sales Less: Sales returns and allowances Less: Sales discounts Net sales Cost of goods sold Gross profit Expenses Selling...
Presented here are the accounts of Dog Gone It Daycare for the year ended December 31, 2018. (Click the icon to view the accounts.) Requirements 1. Prepare Dog Gone It Daycare's income statement. 2. Prepare the statement of retained earnings. 3. Prepare the balance sheet. Requirement 1. Prepare Dog Gone It Daycare's income statement. (Check your spelling carefully and do not abbreviate. When applicable, use only the account names pro problem statement.) Dog Gone It Daycare Statement of Retained Earnings...
Cash Buidings Accounts Payable Utilities Expense Rent Expense Supplies expense $ 33,000 $ 64,000 $ 11,000 $3,000 $ 18,000 $ 4,000 Service Revenue $ 120,000 Salaries Expense $ 24,000 Equipment $ 86,000 Supplies $6,000 Notes payable $ 42,000 Accounts Receivables $ 21,000 In addition, the company had common stock of $55,000 at the beginning of the year and issued an additional $10,000 during the year. The company also had retained earnings of $23,000 at the beginning of the year and...
TRUCTOBREN PETERSON E Expenses Salaries and Wages Expense Rent Expense Advertising Expense Supplies Expense Utilities Expense Insurance Expense Total expenses Net Income (loss) 12000 10000 6000 2500 2000 77500 (2500) At January 1, 2018, Fugari reported retained earnings of $50000. Dividends for the year totalled $10000. At December 31, 2018, the company will report retained earnings of $32500 $17500 540000 $42500 Click if you would like to show Work for this questioni on Show Work
Presented here are the accounts of Dag Gone It Daycare for the year ended December 31, 2018 Requirements E (Clek the icen to view the accounts) Prepare Dog Gone it Daycare's income statement 1. 2. Prepara the balance sheet. Prepare the statement of retained eamings Requirement 1. Prepare Dog Gone H Daycare's income statement Data Table Dog Gone Daycare Income Statement Year Ended December 31, 2018 Common Stock Land 12.000 25,000 Notes Payable Accounts Payatle 30.000 16.000 Accounts Recelvatle Property...
Salsa Inc Income Statement For the month ended August 31,20X1 Service revenue Expenses Salaries expense Rent expense Interest expense Utilities expense Other expense $ 50,000 10,000 5,000 4,000 8,000 Total expenses Net Income $_200,000 Salsa Inc. Statement of Stockholders' Equity For the month ended August 31,20X1 Common Stock $ 20,000 8,000 Retained Earnings $ 19,000 Total Stockholders' Equity Beginning balances - Aug 1 Add: New stock issuances Add: Net income Less: Dividends $ 39,000 8,000 200,000 200,000 Ending balances -...
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calculate the missing amounts
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$ Sales discounts Office salaries expense Rent expense-Office space Advertising expense Sales returns and allowances Office supplies expense Cost of goods sold Sales Insurance expense Sales staff salaries 860 3,100 2,600 720 360 720 11,200 42,000 2,100 3,600 Required: Prepare a multiple-step income statement for the year ended December 31. $ 42,000 Save-the-Earth Co. Income Statement For Year Ended December 31 Sales Less: Sales returns and allowances Less: Sales discounts Net sales Cost of goods sold Gross profit Expenses Selling...
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