Reference no: EM132818090
The account balances of Awesome Travel Services at December 31 are listed below. There were no additional investments or withdrawals by J. Trendsetter during the year.
Accounts payable $12,000
Retained earnings (Jan. 1) $6,000
Accounts receivable 14,000
Supplies 1,000
Cash 18,000
Income taxes expense 1,300
Common stock 4,000
Utilities expense 8,000
Computer equipment 21,000
Wages expense 25,000
Fees earned 78,000
Supplies expense 1,700
Rent expense 10,000
Problem 1: How to get the income statement, retained earnings statement, and a balance sheet as of December 31?
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How to get the income statement
: How to get the income statement, retained earnings statement, and a balance sheet as of December 31? The account balances of Awesome Travel Services at December
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