Comprehensive Problem: Parts 8-10 Hide or show questions Question Content Area Comprehensive Problem 1 Part 8: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. NOTE: You must complete parts 1, 2, 3, 4, 6 and 7 before completing part 8. Part 5 is optional. Prepare an income statement. Kelly Consulting Income Statement For the Month Ended May 31, 20Y8 $fill in the blank 2 Expenses: $fill in the blank 4 fill in the blank 6 fill in the blank 8 fill in the blank 10 fill in the blank 12 fill in the blank 14 fill in the blank 16 $fill in the blank 18 Prepare a statement of stockholders equity. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Kelly Consulting Statement of Stockholders Equity For the Month Ended May 31, 20Y8 Common Stock Retained Earnings Total $fill in the blank 20 $fill in the blank 21 $fill in the blank 22 fill in the blank 24 fill in the blank 25 fill in the blank 26 fill in the blank 28 fill in the blank 29 fill in the blank 30 $fill in the blank 32 $fill in the blank 33 $fill in the blank 34 Prepare a balance sheet. Kelly Consulting Balance Sheet May 31, 20Y8 Assets Liabilities Current assets: Current liabilities: $fill in the blank 36 $fill in the blank 38 fill in the blank 40 fill in the blank 42 fill in the blank 44 fill in the blank 46 fill in the blank 48 fill in the blank 50 Total liabilities $fill in the blank 51 Total current assets $fill in the blank 52 Property, plant, and equipment: Stockholders Equity $fill in the blank 54 $fill in the blank 56 fill in the blank 58 fill in the blank 60 Total property, plant, and equipment fill in the blank 61 Total stockholders equity fill in the blank 62 Total assets $fill in the blank 63 Total liabilities and stockholders equity $fill in the blank 64 Check My Work Next