The revenues and expenies Of Gulliver's Travel Sovice for the year- Gulliver's Travel Company ncome statement...
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The revenues and expenies Of Gulliver's Travel Sovice for the year- Gulliver's Travel Company ncome statement for the Year ended Decemben 31,2021 Revenue: $T0.000 fees Eamed Gxpenes: office expense Ni Scellaneouy EXpense $295,000 12,000 459000 wages Expense Total EXPenses Net Loss 757,000 |-$7,000 i don't no sand 6^ Questione Please give me a Positive vole. 5. Using the income statement for Gulliver's Travel Service shown in Problem No. 4 above, prepare a statement of owner's equity for the year ended December 31, 2021. Frank Gulliver, the owner, invested an additional $36,000 in the business during the year and withdrew cash of $18,000 for personal use. Frank Gulliver, capital as of December 31, 2020 was $380,000. 6. Using the following data for Gulliver's Travel Service as well as the statement of owner's equity shown in Problem No. 5 above, prepare a report form balance sheet as of December 31, 2021: Accounts Payable $44,600 Accounts Receivable 75,500 Cash 45,400 Land 310,000 Supplies 4,700 The revenues and expenies Of Gulliver's Travel Sovice for the year- Gulliver's Travel Company ncome statement for the Year ended Decemben 31,2021 Revenue: $T0.000 fees Eamed Gxpenes: office expense Ni Scellaneouy EXpense $295,000 12,000 459000 wages Expense Total EXPenses Net Loss 757,000 |-$7,000 i don't no sand 6^ Questione Please give me a Positive vole. 5. Using the income statement for Gulliver's Travel Service shown in Problem No. 4 above, prepare a statement of owner's equity for the year ended December 31, 2021. Frank Gulliver, the owner, invested an additional $36,000 in the business during the year and withdrew cash of $18,000 for personal use. Frank Gulliver, capital as of December 31, 2020 was $380,000. 6. Using the following data for Gulliver's Travel Service as well as the statement of owner's equity shown in Problem No. 5 above, prepare a report form balance sheet as of December 31, 2021: Accounts Payable $44,600 Accounts Receivable 75,500 Cash 45,400 Land 310,000 Supplies 4,700
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Related Book For
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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