A9 a. Income statement for the year ended April 30.b. Statement of changes in equity for the year ended April 30.c. Classified balance sheet at April 30AccountBalanceAccounts receivable8,160Accumulated depreciation, building.610Accumulated depreciation, machinery1,660Advertising expense8,540Bonds Payable (due July, 2017)15,260Building1,410Cash4,790Commissions earned11,030Consulting revenue earned13,090Depreciation expense, building.610Depreciation expense, machinery1,660Dividends2,200Interest earned1,430Interest expense1,820Interest payable1,560Land10,810Long-term investment in shares9,360Machinery6,910Mortgage Payable (due July, 2017)7,840Patents7,000Prepaid advertising2,660Prepaid rent3,460Rent earned9,950Rent expense4,33013,800Salaries expenseSalanes payable7,310Share capital13,410Short-term notes payable8,030Trademark.6,800Unearned consulting revenue.3,140Type here to searchXX!!++X X X X XX +X++******++(select one)Balance Sheet(select one)OE***X4+4(select one)Income Statement(select one)(select one)Statement of Changes in Equity(select one)OShare Retained TotalCapital Earnings Equity

An income statement is a financial report that indicates the revenue and expenses of a business. It…

a Income statement for the year ended April 30. b. Statement of changes in equity for the year ended April 30. c. Classified balance sheet at April 30 Account Balance Accounts receivable 8,160 Accumulated depreciation, building 610 Accumulated depreciation, machinery 1,660 Advertising expense 8,540 Bonds Payable (due July, 2017) 15,260 Building 1,410 Cash 4,790 Commissions earned 11,030 Consulting revenue earned 13,090 Depreciation expense, building 610 Depreciation expense, machinery 1,660 Dividends 2,200 Interest earned 1,430 Interest expense 1,820 Interest payable 1,560 Land 10,810 9,360 Long-term investment in shares Machinery 6,910 Mortgage Payable (due July, 2017) 7,840 Patents 7,000 Prepaid advertising 2,660 Prepaid rent 3,460 Rent earned 9,950 Rent expense 4,330 Salaries expense Salanes payable 13,800 7,310 Share capital 13,410 Short-term notes payable 8,030 Trademark 6,800 Unearned consulting revenue, 3,140 + XXX 654 ** 97 47 (select one) Balance Sheet (select one) *** (select one) Income Statement (select one) (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity

a Income statement for the year ended April 30. b. Statement of changes in equity for the year ended April 30. c. Classified balance sheet at April 30 Account Balance Accounts receivable 8,160 Accumulated depreciation, building 610 Accumulated depreciation, machinery 1,660 Advertising expense 8,540 Bonds Payable (due July, 2017) 15,260 Building 1,410 Cash 4,790 Commissions earned 11,030 Consulting revenue earned 13,090 Depreciation expense, building 610 Depreciation expense, machinery 1,660 Dividends 2,200 Interest earned 1,430 Interest expense 1,820 Interest payable 1,560 Land 10,810 9,360 Long-term investment in shares Machinery 6,910 Mortgage Payable (due July, 2017) 7,840 Patents 7,000 Prepaid advertising 2,660 Prepaid rent 3,460 Rent earned 9,950 Rent expense 4,330 Salaries expense Salanes payable 13,800 7,310 Share capital 13,410 Short-term notes payable 8,030 Trademark 6,800 Unearned consulting revenue, 3,140 + XXX 654 97 47 (select one) Balance Sheet (select one) * (select one) Income Statement (select one) (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter1: The Role Of Accounting In Business

Section: Chapter Questions

Problem 1.3.1P: Income statement, retained earnings statement, and balance sheet The following financial data were...

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