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Prepare an Income Statement, a Retained Earnings Statement, and a Balance

Question 231

Essay

Prepare an income statement, a retained earnings statement, and a balance sheet for the accupuncture practice of Golda Bear, from the items listed below for the month of September, 2018.  Retained earnings, September 1$17,000 Common stock 30,000 Accounts payable 7,000 Equipment 35,000 Service revenue 28,000 Dividends 6,000 Supplies expense 4,500 Cash 3,000 Utilities expense 700 Supplies 4,800 Salaries and wages expense 9,000 Accounts receivable 14,000 Rent expense 5,000\begin{array} { l r } \text { Retained earnings, September } 1 & \$ 17,000 \\\text { Common stock } & 30,000 \\\text { Accounts payable } & 7,000 \\\text { Equipment } & 35,000 \\\text { Service revenue } & 28,000 \\\text { Dividends } & 6,000 \\\text { Supplies expense } & 4,500 \\\text { Cash } & 3,000 \\\text { Utilities expense } & 700 \\\text { Supplies } & 4,800 \\\text { Salaries and wages expense } & 9,000 \\\text { Accounts receivable } & 14,000 \\\text { Rent expense } & 5,000\end{array}
 Prepare an income statement, a retained earnings statement, and a balance sheet for the accupuncture practice of Golda Bear, from the items listed below for the month of September, 2018.  \begin{array} { l r }  \text { Retained earnings, September } 1 & \$ 17,000 \\ \text { Common stock } & 30,000 \\ \text { Accounts payable } & 7,000 \\ \text { Equipment } & 35,000 \\ \text { Service revenue } & 28,000 \\ \text { Dividends } & 6,000 \\ \text { Supplies expense } & 4,500 \\ \text { Cash } & 3,000 \\ \text { Utilities expense } & 700 \\ \text { Supplies } & 4,800 \\ \text { Salaries and wages expense } & 9,000 \\ \text { Accounts receivable } & 14,000 \\ \text { Rent expense } & 5,000 \end{array}
 Prepare an income statement, a retained earnings statement, and a balance sheet for the accupuncture practice of Golda Bear, from the items listed below for the month of September, 2018.  \begin{array} { l r }  \text { Retained earnings, September } 1 & \$ 17,000 \\ \text { Common stock } & 30,000 \\ \text { Accounts payable } & 7,000 \\ \text { Equipment } & 35,000 \\ \text { Service revenue } & 28,000 \\ \text { Dividends } & 6,000 \\ \text { Supplies expense } & 4,500 \\ \text { Cash } & 3,000 \\ \text { Utilities expense } & 700 \\ \text { Supplies } & 4,800 \\ \text { Salaries and wages expense } & 9,000 \\ \text { Accounts receivable } & 14,000 \\ \text { Rent expense } & 5,000 \end{array}

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