A tabular analysis of the transactions made during August 2022 by Wildhorse Co. during its first...

  

  

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A tabular analysis of the transactions made during August 2022 by Wildhorse Co. during its first month of operations is shown below. Each increase and decrease in stockholders equity is explained. Assets Liabilities Stockholders' Equity Cash+ A/R + Supp.+ Equip. Accounts Payable+ Common Stock+ Retained Earnings Revenues - Expenses Dividends 1. $20,800 $20,800 2. -1,510 $4,910 $3,400 3. -600 $600 4,400 $6,200 $10,600 Serv. Rev. 4. 5. -2,000 -2,000 -41,600 6. -1,600 -$700 Rent Exp. 7. -700 8. 380 -380 -2,600 Sal. Exp. 9. -2,600 Util. Exp -360 360 10. v (a) Prepare an income statement for August. WILDUORSE CO. 1OS PM (a) Prepare an income statement for August. WILDHORSE CO. Income Statement Click if you would like to Show Work for this question: Open Show Work ere to search a Prepare a retained earnings statement for August. (List items that increase retained earnings WILDHORSE CO. Retained Earnings Statement For the Month Ended August 31, 2022 Retained Earnings, August 1 Add Net Income / (Loss) 6,940 6,940 Less Dividends 1,600 Retained Earníngs, August 31 5,340 Click if you would like to Show Work for this question: Open Show Work Prepare a cdlassified balance sheet at August 31, 2022. (List current assets in order of liquidity.) WILDHORSE co. Balance Sheet August 31, 2022 Assets Current Assets Cash Accounts Receivable Buildings Current Assets Total Assets Liabilities and Stockholders' Equity Current Llabilities inkn Wiau Snne Inc 00 00 ment Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Stockholders' Equity Common Stock Retained Earnings Total Llabilities and Stockholders Equity Open Show Work Click if you would like to Show Work for this question: LINK TO TEXT Attemp A tabular analysis of the transactions made during August 2022 by Wildhorse Co. during its first month of operations is shown below. Each increase and decrease in stockholders equity is explained. Assets Liabilities Stockholders' Equity Cash+ A/R + Supp.+ Equip. Accounts Payable+ Common Stock+ Retained Earnings Revenues - Expenses Dividends 1. $20,800 $20,800 2. -1,510 $4,910 $3,400 3. -600 $600 4,400 $6,200 $10,600 Serv. Rev. 4. 5. -2,000 -2,000 -41,600 6. -1,600 -$700 Rent Exp. 7. -700 8. 380 -380 -2,600 Sal. Exp. 9. -2,600 Util. Exp -360 360 10. v (a) Prepare an income statement for August. WILDUORSE CO. 1OS PM (a) Prepare an income statement for August. WILDHORSE CO. Income Statement Click if you would like to Show Work for this question: Open Show Work ere to search a Prepare a retained earnings statement for August. (List items that increase retained earnings WILDHORSE CO. Retained Earnings Statement For the Month Ended August 31, 2022 Retained Earnings, August 1 Add Net Income / (Loss) 6,940 6,940 Less Dividends 1,600 Retained Earníngs, August 31 5,340 Click if you would like to Show Work for this question: Open Show Work Prepare a cdlassified balance sheet at August 31, 2022. (List current assets in order of liquidity.) WILDHORSE co. Balance Sheet August 31, 2022 Assets Current Assets Cash Accounts Receivable Buildings Current Assets Total Assets Liabilities and Stockholders' Equity Current Llabilities inkn Wiau Snne Inc 00 00 ment Liabilities and Stockholders' Equity Current Liabilities Accounts Payable Stockholders' Equity Common Stock Retained Earnings Total Llabilities and Stockholders Equity Open Show Work Click if you would like to Show Work for this question: LINK TO TEXT Attemp

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