ATotal3077200JUTTZUO341000308000137425003743500Net Income/Net330003300LossTotal341000 34100037458003745800A. Check the accuracy of the net income/ net loss in the Income Statement and Balance Sheet Columns by calculating the net income ornet loss for the period.B. Prepare the correct worksheet (Excel) and the Income Statement of the Drilon's Delivery Services. Observe the proper format andprocedure in preparing the Income Statement.Dwina Qur account nameAutohave2.TLE SA4 - SavedSearchJasmin AMPARO AFie Home insert Page Layout Formulas Data Review View HelpAcrobatShareGeneralEPPΣ'18Calibri280LO-11-AA 第三=== . Whap Text&-A-FEDEEPasteaSort & Find &BIL-WMerge & Center -$-% 920.INdClipboardConditional Forest CFormatting Table StyleStylesFilter - Select-Eating1PNumber19SFG1H}MERTIENAQ123491011121314151617181920YBIU A AIX, EE 12pt5678▼BFontCD6K▼Insert-Deleteformat-CelsOPParagraphideasJonas5CommentsSenturyT The following is the six-column worksheet of the Drilon's Delivery Services prepared with errors. Analyze the given worksheet of the Drilon's Delivery Services forəril 2022. Answer the questions that followsDrilon's Delivery ServicesWorksheetFor the month Ended April 30, 2021AcctNo.ParticularsTrial BalanceBalance Sheet101Cash on Hand105Cash in BankAccounts110Receivable- SheilaOcampoAccounts115Receivable- DietherMendoza120Office EquipmentDelivery125EquipmentAccounts Payable-201David CarrealAccounts Payable-205Ronald AmparoCecille Drilon,301CapitalCecille Drilon,302Drawings401Delivery Revenue501Delivery ExpenseMaintenance505Expense510Rent Expense515 Utilities ExpenseTotalNet Income/NetLossTotalDr1112500120000014550042000300050200005800070006045070000115003077200CrIncome StatementDrCr14000165000254000030800070006045070000115003077200 34100034100030800030800033000341000Dr11125001200000145500420003000502000014000374250033003745800Cr16500025400005800037458003745800

Worksheet is the sheet in which all the effects of the accounts are shown as on it the trail…

Total 341000 341000 3745800 3745800 A. Check the accuracy of the net income/ net loss in the Income Statement and Balance Sheet Columns by calculating the net income or net loss for the period. B. Prepare the correct worksheet (Excel) and the Income Statement of the Drilon's Delivery Services. Observe the proper format and procedure in preparing the Income Statement.

Total 341000 341000 3745800 3745800 A. Check the accuracy of the net income/ net loss in the Income Statement and Balance Sheet Columns by calculating the net income or net loss for the period. B. Prepare the correct worksheet (Excel) and the Income Statement of the Drilon's Delivery Services. Observe the proper format and procedure in preparing the Income Statement.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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