Question: Financial Statements Dust, Sweep, Repeat Services, Inc, began its operations on January 1, 20Y7, The following amounts were taken from the accounting records as of

Financial Statements Dust, Sweep, Repeat Services, Inc, began its operations on

January 1, 20Y7, The following amounts were taken from the accounting records

Financial Statements Dust, Sweep, Repeat Services, Inc, began its operations on January 1, 20Y7, The following amounts were taken from the accounting records as of December 31 , 20Y7. After its second year of operations, the following amounts were taken from the accounting records of Dust, Siveep, Repeat Services, Incur as of December 31,20 Y 8. Instructions: 1. Prepare an income statement for the year ended December 31,20V8. 2. Prepare a statement of stockholders' equity for the year ended December 31,20 Y 8 . Note: The retained earnings at January 1, 20Y8, was $24,000. If your answer is zero enter "0". 3. Prepare a balance sheet as of December 31,20V8. Dust, Sweep, Repeat Services, Inc

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