The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the...

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The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue

business accounting

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Answer 1

Answer #1

1. Income Statement -

2. Statement of Retained Earnings -

Journey Travel Agency Statement of Retained Earnings At December 31, 2018 Retained Earnings Jan 1, 2018 $ 605,000 Add: Net In

3. Balance Sheet -

Note -

The Balance provided to prepare the financial statements are not balancing. There was difference of $3,500.

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Answer 2

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