part 1

part 2

part3

part 4

0 2 Part 1 of 4 Required information The following information applies to the questions displayed below) MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable $ 390 Equipment $ 3,120 Cash 1,300 Repairs Expense Cleaning Expense 1,170 Service Revenue 2,600 Common Stock 3,900 Wages Expense 1,040 260 Required: 1. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the 11 month period ended November 30. Complete this question by entering your answers if the tabs below. Show less Unadj Tri Strnt or Income Balance Statement Retained Earnings Prepare an unadjusted trial balance Balance Sheet MYBNB Unadjusted Trial Balance Debit Credit has been reported in prior years Accounts Payable Cash Cleaning Expense Common Stock $ 390 1,300 1,170 3,900 Equipment Repairs Expense Service Revenue Wages Expense $ 3,128 260 2,600 1,040 Required: 1. Prepare an unadjusted trial balance, a preliminary income statement statement of retained earnings, and classified balance sheet as of and for the 11-month period ended November 30. Complete this question by entering your answers in the tabs below. Show less Balance Sheet Stmt of Unadj Trial Income Retained Balance Statement Earnings Prepare an unadjusted trial balance. MYBNB Unadjusted Trial Balance Debit Credit Total has been reported in prior years, Accounts Payable Cash Cleaning Expense Connon Stock $ 390 1,300 1,170 3,900 Equipment Repairs Expense Service Revenue Wages Expense $ 3,120 260 2,600 1,040 Required: 1. Prepare an unadjusted trial balance, o preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the 11-month period ended November 30. Complete this question by entering your answers in the tabs below. Show less Stmt of Unadj Trial Income Balance Statement Retained Balance Sheet Earnings Prepare a preliminary income statement as of November 30. MYBNB Income Statement Required information The following information applies to the questions displayed below) MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable $ 390 Equipment $ 3,120 Cash 1,300 Repairs Expense 260 Cleaning Expense 1,170 Service Revenue 2,600 Common Stock 3,900 Wages Expense 1,040 Required: 1. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the 11-month period ended November 30 Complete this question by entering your answers in the tabs below. Show less Unadj Trial Income Stmt of Balance Retained Balance Sheet Statement Earnings Prepare a statement of retained earnings for November 30. If there are no dividends, include a line that reports Dividends of zero MYBNB Statement of Retained Earnings Retained Earnings, January 1 Retained Earnings, November 30 Income Statement Balance Sheet > 2 Required information [The following information applies to the questions displayed below) MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable $ 390 Equipment Cash $ 3,120 1,300 Repairs Expense Cleaning Expense 260 1,170 Service Revenue Common Stock 2,600 3,900 Wages Expense 1,040 Part 1 of 4 Required: 1. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the 11-month period ended November 30, Complete this question by entering your answers in the tabs below. Show less Unad) Trial Income Stmt of Balance Statement Retained Earnings Balance Sheet Prepare a classified balance sheet as of November 30, Balance Sheet MYBNB Balance Sheet 3 MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable $ 390 Equipment $ 3,120 Cash 1,300 Repairs Expense 260 Cleaning Expense 1,178 Service Revenue 2,600 Common Stock 3.900 Wages Expense 1,640 Part 2 of 4 3. Prepare journal entries for the following December transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. Provided rental services at a price of $390 and collected the full amount in cash. b. Paid $91 cash to a cleaning company for December work c. Paid $78 cash to MyBnB's part-time employee for December wages. d. Pald $130 cash on account for amounts owed from a prior equipment purchase e. Obtained repair services in December at a cost of $52, to be paid in January View transaction list Journal entry worksheet 3 4 5 Provided rental services at a price of $390 and collected the full amount in cash. Record the entry. Note: Enter debits before credits Transaction General Journal Debit Credit 3 Accounts Payable Cash Cleaning Expense Common Stock 5 390 1,300 1,170 3,900 Equipment Repairs Expense Service Revenue Wages Expense $ 3,120 260 2,600 1,040 Part 2 of 4 3. Prepare journal entries for the following December transactions. (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. Provided rental services at a price of $390 and collected the full amount in cash. b. Pald $91 cash to a cleaning company for December work. c. Paid $78 cash to MyBne's part-time employee for December wages. d. Paid $130 cash on account for amounts owed from a prior equipment purchase. e. Obtained repair services in December at a cost of $52, to be paid in January View transaction et Journal entry worksheet Pald $78 cash to Myone's part-time employee for December wages. Record the entry Note: Enter bits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal Mc 3 Accounts Payable Cash Cleaning Expense Common Stock $ 390 1,300 1,170 3,900 Equipment Repairs Expense Service Revenue Wages Expense $ 3,120 260 2,600 1,040 Part 2 of 4 3. Prepare Journal entries for the following December transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 0. Provided rental services at a price of $390 and collected the full amount in cash. b. Pald $91 cash to a cleaning company for December work. c Paid $78 cash to MyBnB's part-time employee for December wages. d. Paid $130 cash on account for amounts owed from a prior equipment purchase. e. Obtained repair services in December at a cost of $52, to be paid in January View transaction list Journal entry worksheet MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable $ 390 Equipment $ 3, 120 Cash 1,300 Repairs Expense 260 Cleaning Expense 1,170 Service Revenue Common Stock 2,600 3,900 Wages Expense 1,040 5. Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the year ended December 31. Complete this question by entering your answers in the tabs below. Show less A Stmt of Unady Trial Income Retained Balance Statement Balance Sheet Earnings Prepare a classified balance sheet as of December 31. MYBNB Balance Sheet