Preparing an income statement - Excel FILE HOME PAGE LAYOUT FORMULAS REVIEW Sign in INSERT DATA VIEW Calibri 11 Alignment Number Conditional Format as Cll Formatting Table Styles Paste BIU Cells Clipboard Font Styles The list below shows select accounts for Reading Readiness, Inc. as of January 31, A1 he list below showS select accounts for Reading Readiness, Inc. as of January 31, 20X1. Accounts are in alphabetical order.) Accounts Payable 8,088 Accounts Receivable 6,960 Cash 13,445 Equipment Income Tax Expense Operating Expense Other Expenses Other Revenues Rent Expense 4,800 1,350 11,800 3,482 10 6,050 4,800 6,882 17,200 11 12 13 Salaries Expense Short-term Notes Payable Test Prep Revenue Tutoring Revenue Unearned Revenue 14 15,400 9,100 15 16 17 1,046 18 19 lequired: . Prepare an Income Statement for the month ended January 31, 20X1. Use cell references o select account titles and amounts to be included on the income statement. 22 lote: List revenues and expenses in order of largest to smalliest dollar amounts. 20 21
Preparing an income statement - Excel FILE HOME PAGE LAYOUT FORMULAS REVIEW Sign in INSERT DATA VIEW Calibri 11 Alignment Number Conditional Format as Cll Formatting Table Styles Paste BIU Cells Clipboard Font Styles The list below shows select accounts for Reading Readiness, Inc. as of January 31, A1 he list below showS select accounts for Reading Readiness, Inc. as of January 31, 20X1. Accounts are in alphabetical order.) Accounts Payable 8,088 Accounts Receivable 6,960 Cash 13,445 Equipment Income Tax Expense Operating Expense Other Expenses Other Revenues Rent Expense 4,800 1,350 11,800 3,482 10 6,050 4,800 6,882 17,200 11 12 13 Salaries Expense Short-term Notes Payable Test Prep Revenue Tutoring Revenue Unearned Revenue 14 15,400 9,100 15 16 17 1,046 18 19 lequired: . Prepare an Income Statement for the month ended January 31, 20X1. Use cell references o select account titles and amounts to be included on the income statement. 22 lote: List revenues and expenses in order of largest to smalliest dollar amounts. 20 21
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter27: Adjustments, Financial Statements, And Year-end Accounting For A Manufacturing
business
Section: Chapter Questions
Problem 6SPA: SPRE ADSHEET, ADJUSTING ENTRIES, AND FIN ANCIAL STATEMENTS Lundberg Company had the following trial...
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