Question: can someone show me how to do all 3 steps please? 2 Below are the account balances for Sullivan Club, Inc. as of December 31,
2 Below are the account balances for Sullivan Club, Inc. as of December 31, 2021. Prepare (1) an Income Statement, (2) a Balance Sheet and (3) a Statement of Stockholders 3 Equity 4 5 Statements must in good form with accounts in the correct order (they are not in the correct order below). Use the examples in your text as a reference. This assignment requires the use of formulas, where needed, in Excel along with proper formatting 5 7 8 9 10 Accounts Payable $ 11,600 11 Common Stock, beginning $ 14,300 12 Cash $ 9,300 11 Sales $ 39,500 14 Dividends Paid $ 4,800 15 Equipment $ 19,200 16 Miscellaneous Expense 53,000 17 Notes Payable 5 2,800 18 Rent Expense $ 12,600 19 Repairs Expense 52,400 20 Salaries Expense $ 9,200 21 Supplies $ 5,300 22 Supplies Expense $2,400 23
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
