168. The assets and liabilities of Amos Moving Services at March 31, 2010, the end of the current year, and its revenue and expenses for the year are listed below. The Retained Earnings balance was...

168. The assets and liabilities of Amos Moving Services at March 31, 2010, the end of the current year, and its revenue and expenses for the year are listed below. The Retained Earnings balance was $180,000 at April 1, 2009, the beginning of the current year.

Accounts Payable	$1,200	Miscellaneous Expense	$230
Accounts Receivable	$10,340	Office Expense	$1,240
Cash	$33,990	Supplies	$1,670
Fees Earned	$84,350	Wages Expense	$23,550
Land	$47,000	Dividends	$16,570
Building	$157,630	Capital Stock	$25,000

Prepare an income statement for the current year ended March 31, 2010.

169. The assets and liabilities of Amos Moving Services at March 31, 2010, the end of the current year, and its revenue and expenses for the year are listed below. The Retained Earnings balance was $180,000 at April 1, 2009, the beginning of the current year.

Accounts Payable	$1,200	Miscellaneous Expense	$230
Accounts Receivable	$10,340	Office Expense	$1,240
Cash	$33,990	Supplies	$1,670
Fees Earned	$84,350	Wages Expense	$23,550
Land	$47,000	Dividends	$16,570
Building	$157,630	Capital Stock	$25,000

Prepare a retained earnings statement for the current year ended March 31, 2010.

May 15, 2022

SOLUTION.PDF

168. The assets and liabilities of Amos Moving Services at March 31, 2010, the end of the current year, and its revenue and expenses for the year are listed below. The Retained Earnings balance was...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment