Question: CE No. 1-Do Your Work on this Document in Word Item 1 Use the following accounts and information to prepare, in good form, an income

CE No. 1-Do Your Work on this Document in Word Item 1 Use the following accounts and information to prepare, in good form,

CE No. 1-Do Your Work on this Document in Word Item 1 Use the following accounts and information to prepare, in good form, an income statement and a retained earnings statement, for the month of September and a balance sheet at September 30,2023 for Pierce Industries. You must list the various accounts and their amounts. On the income statement, be sure to list the expenses in order of magnitude (greatest to least) and on the balance sheet, assets should be in order of liquidity. Check figures for Item 1: Net income $20,500; Total liabilities and stockholders' equity $149,900 Item 2 Compute the missing amount in each category of the accounting equation. Be sure to label the unknown amount. Please show work (we deduct for not showing)

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