Create Income Statement, Statement of Changes in Stockholders Equity and Balance Sheet

AutoSave OFF HE Svo myProject # 2 Student Home Insert Draw Page Layout Formulas Data Review View Tell me what you want to do Share Comments General 2 E 3 Insert v {'48" O 5 $ % ) 20 Conditional Format Formatting as Table Cell Styles 2X Delete Format J X Sort & Filter ideas Sensitivity Find & Select F G H I J K L M N O P Q R S T Arial 10 AA = = av de Paste BI U FOA E ES | 133 x fox A E Lawpo Designs, Inc. 12/31/20 Chart of Accounts Debits Credits 105 Cash 15,000 4 120 Supplies 150 5 150 Accounts receivable 2.500 6 201 Land 3,000 7 211 Building ...230,000 8 212 Accum Depreciation - Build .......... 50,000 9 221 Equipment .................. 40.000 10 222 Accum Depreciation - Equip 15,000 11 300 Accounts payable 1.250 12 301 Wages payable 1,000 13 401 Notes payable 12,000 14 550 Design fees earned 225,000 15 595 Common stock Beginning balance 50,000 16 598 Retained Earnings Beginnng balance 20,850 17 599 Dividends 18 601 Cost of goods sold ...25.000 19 701 Advertising expense 12,500 20 703 Delivery expense 1.100 21 725 Salaries expense 52,000 727 Supplies expense 733 Rent expense 12,000 751 Utilities expense 6,500 ...350 Common stock issued during the year 25,000 $400,100 $400,100 32 Directions Chart of Accounts Income Statement Changes in SE Balance Sheet + Ready 0 - - - + 100%