On March 31, the amounts of the various assets, liabilities, revenues and expenses are as follows for Computer Consulting: Cash Payable $3,000 $3,100 $5,000 Fees Earned Insurance $2,600 Rent Expense $500 Expense $500 Land Stock Dividends $1,000 $1,000 $600 Note Prepaid Wage Capital Supplies $900 Prepare the Income Statement, Statement of Retained Earnings, and Balance Sheet. NEED answer asap
On March 31, the amounts of the various assets, liabilities, revenues and expenses are as follows for Computer Consulting: Cash Payable $3,000 $3,100 $5,000 Fees Earned Insurance $2,600 Rent Expense $500 Expense $500 Land Stock Dividends $1,000 $1,000 $600 Note Prepaid Wage Capital Supplies $900 Prepare the Income Statement, Statement of Retained Earnings, and Balance Sheet. NEED answer asap
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please do not give solution in image format thanku
![On March 31, the amounts of the various assets,
liabilities, revenues and expenses are as follows
for Computer Consulting:
Cash
Payable
$3,000
$3,100
Fees Earned
Insurance $2,600
$5,000
Land
Stock
Dividends
Rent Expense $500
Expense
$500
$1,000
$1,000
$600
Note
Prepaid
Wage
Capital
Supplies
$900
Prepare the Income Statement, Statement of
Retained Earnings, and Balance Sheet.
NEED answer asap](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fea1f8e50-0548-4612-a22c-3a6401a939fa%2F26550742-0c9e-46ec-afaf-f5566753e403%2F1i94rgy_processed.jpeg&w=3840&q=75)
Transcribed Image Text:On March 31, the amounts of the various assets,
liabilities, revenues and expenses are as follows
for Computer Consulting:
Cash
Payable
$3,000
$3,100
Fees Earned
Insurance $2,600
$5,000
Land
Stock
Dividends
Rent Expense $500
Expense
$500
$1,000
$1,000
$600
Note
Prepaid
Wage
Capital
Supplies
$900
Prepare the Income Statement, Statement of
Retained Earnings, and Balance Sheet.
NEED answer asap
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