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Question 1 Bindy Crawford created a corporation providing legal services, Metlock, Inc., on July 1, 2022. On July 31 the balaAssets Stockholders Equity METLOCK, INC. Liabilities Notes Accounts Common Payable Payable Stock Cash Accounts Receivable SuYour answer is partially correct. Try again. Prepare an income statement for August. METLOCK, INC. Income Statement August 31Your answer is partially correct. Try again. Prepare an income statement for August. METLOCK, INC. Income Statement August 31Your answer is partially correct. Try again. Prepare a retained earnings statement for August. (List items that increase reta

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Answer #1

Hi, Buddy!!! Mistakes are highlighted in yellow color.

Retained Earnings 1910 + Revenues Expenses Dividends July.31 Aug.1 Aug.4 Aug. 9 Aug.15 Aug.19 5680 (1480) (600) (360) (640) A

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Accounts Payable 5850 Common Stock 9250 Cash 5400 1080 + Revenues Accounts Notes + Receivable + Supplies - Equipment = Payabl

METLOCK INC. Income Statement For the Month Ended August 31,2022 Revenues: Service Revenue $ 5,680 Expenses: Salaries and Wag

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