10 2 points Tableau DA 2-3: Mini-Case, Preparing an income statement, statement of owner's equity, and...

Transcribed Image Text:

10 2 points Tableau DA 2-3: Mini-Case, Preparing an income statement, statement of owner's equity, and balance sheet LO5 Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions. On December 31, we are provided with a Tableau Dashboard that includes selected accounts and amounts for the month of December Book $12,000 Print o References $10,000 $3,000 $6,000- $4,000- $2,000- Assets Liabilities Notes Payable Unearned Revenue 50 Accounts Receivable Cash Equipment Notes Prepaid Supplies M. Gomez Withdrawals Receivable Insurance Accounts Payable Other Info $4,000 nces Advertising Expense Rent Expense Expenses Salaries Expense Utilities Expense Revenues Consulting Revenue Rental Revenue ook 1. Prepare an income statement for the month ended December 31 2. Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was $0, and the only owner Investment, of $9,200 cash, occurred on December 2. Hint. Use the net Income calculated in part 1. 3. Prepare a balance sheet as of December 31. Hint Use the ending owner's capital account balance calculated in part 2 Complete this question by entering your answers in the tabs below. ints eBook Print 0 References Required 1 Required 2 Required 3 Prepare an income statement for the month ended December 31. ACCEL Income Statement Required 2 > nces Required 1 Required 2 Required 3 Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was $0, and the only owner investment, of $9,200 cash, occurred on December 2. Hint: Use the net income calculated in part ACCEL Statement of Owner's Equity 0 S 0 ices Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a balance sheet as of December 31. Hint: Use the ending owner's capital account balance calculated in part 2. ACCEL Balance Sheet 10 points Skipped Marla Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions. On December 31, we are provided with a Tableau Dashboard that includes selected accounts and amounts for the month of December eBook $12,000 Print $10,000 References $8,000 $6,000 $4,000 $2,000 50 Assets Liabilities Notes Payable Unearned Revenue Accounts Payable Other Info Accounts Cash Equipment Notes Prepaid Supplies M. Gomez Withdrawals $4,000 Receivable Receivable Insurance ints Advertising Expenses Rent Expense Skipped eBook Print References +ableau Expenses Salaries Expense Utilities Expense Revenues Consulting Revenue Rental Revenue G 10 points Sipped eBook +ableau 1. Prepare an income statement for the month ended December 31 PH 2. Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was SO, and the only owner investment, of $9,200 cash, occurred on December 2. Hint Use the net income calculated in part 1. 3. Prepare a balance sheet as of December 31, Hint Use the ending owner's capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 D References Prepare a balance sheet as of December 31. Hint: Use the ending owner's capital account balance calculated in part 2. ACCEL Balance Sheet 0 S 0 points Skipped eBook 1. Prepare an income statement for the month ended December 31, 2. Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was $0, and the only owner investment, of $9,200 cash, occurred on December 2. Hint Use the net income calculated in part 1. 3. Prepare a balance sheet as of December 31. Hint Use the ending owner's capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 References Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was $0, and the only owner investment, of $9,200 cash, occurred on December 2. Hint: Use the net income calculated in part ACCEL Statement of Owner's Equity 01 Required 1 Required 3> 10 2 points Tableau DA 2-3: Mini-Case, Preparing an income statement, statement of owner's equity, and balance sheet LO5 Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions. On December 31, we are provided with a Tableau Dashboard that includes selected accounts and amounts for the month of December Book $12,000 Print o References $10,000 $3,000 $6,000- $4,000- $2,000- Assets Liabilities Notes Payable Unearned Revenue 50 Accounts Receivable Cash Equipment Notes Prepaid Supplies M. Gomez Withdrawals Receivable Insurance Accounts Payable Other Info $4,000 nces Advertising Expense Rent Expense Expenses Salaries Expense Utilities Expense Revenues Consulting Revenue Rental Revenue ook 1. Prepare an income statement for the month ended December 31 2. Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was $0, and the only owner Investment, of $9,200 cash, occurred on December 2. Hint. Use the net Income calculated in part 1. 3. Prepare a balance sheet as of December 31. Hint Use the ending owner's capital account balance calculated in part 2 Complete this question by entering your answers in the tabs below. ints eBook Print 0 References Required 1 Required 2 Required 3 Prepare an income statement for the month ended December 31. ACCEL Income Statement Required 2 > nces Required 1 Required 2 Required 3 Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was $0, and the only owner investment, of $9,200 cash, occurred on December 2. Hint: Use the net income calculated in part ACCEL Statement of Owner's Equity 0 S 0 ices Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a balance sheet as of December 31. Hint: Use the ending owner's capital account balance calculated in part 2. ACCEL Balance Sheet 10 points Skipped Marla Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions. On December 31, we are provided with a Tableau Dashboard that includes selected accounts and amounts for the month of December eBook $12,000 Print $10,000 References $8,000 $6,000 $4,000 $2,000 50 Assets Liabilities Notes Payable Unearned Revenue Accounts Payable Other Info Accounts Cash Equipment Notes Prepaid Supplies M. Gomez Withdrawals $4,000 Receivable Receivable Insurance ints Advertising Expenses Rent Expense Skipped eBook Print References +ableau Expenses Salaries Expense Utilities Expense Revenues Consulting Revenue Rental Revenue G 10 points Sipped eBook +ableau 1. Prepare an income statement for the month ended December 31 PH 2. Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was SO, and the only owner investment, of $9,200 cash, occurred on December 2. Hint Use the net income calculated in part 1. 3. Prepare a balance sheet as of December 31, Hint Use the ending owner's capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 D References Prepare a balance sheet as of December 31. Hint: Use the ending owner's capital account balance calculated in part 2. ACCEL Balance Sheet 0 S 0 points Skipped eBook 1. Prepare an income statement for the month ended December 31, 2. Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was $0, and the only owner investment, of $9,200 cash, occurred on December 2. Hint Use the net income calculated in part 1. 3. Prepare a balance sheet as of December 31. Hint Use the ending owner's capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 References Prepare a statement of owner's equity for the month ended December 31. The owner's capital account balance at December 1 was $0, and the only owner investment, of $9,200 cash, occurred on December 2. Hint: Use the net income calculated in part ACCEL Statement of Owner's Equity 01 Required 1 Required 3>