Question: 18. Using the following information, complete the income statement, statement of retained earnings, and balance sheet for DR Painting for the month of March
18. Using the following information, complete the income statement, statement of retained earnings, and balance sheet for DR Painting for the month of March 2024. The business began operations on March 1, 2024 View the account balances. Begin by preparing the income statement for DR Painting for the month of March 2024 (If an input field is not used in the table leave the field empty, do not select a label or enter a zero) Net Income Expenses: Revenues Total Assets Total Expenses Total Liabilities and Stockholders' Equity Total Stockholders' Equity Account Balances Accounts Receivable $ 1,400 Salaries Expense $ 800 Accounts Payable 1,000 Service Revenue 7,000 Cash 22,300 Supplies 1,800 Stock issued during March Dividends paid during March 40,000 Truck 20,000 1,500 Utilities Expense 200 Print Done
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