Question: Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -55 or parentheses e.g. (55).) Concord Company Income Statement
Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -55 or parentheses e.g. (55).)
| Concord Company Income Statement choose the accounting period For the Month Ended April 30, 2022For the Quarter Ended April 30, 2022April 30, 2022 | ||
|---|---|---|
| select an opening name for section one DividendsExpensesNet Income / (Loss)Retained Earnings, April 30Retained Earnings, April 1RevenuesTotal ExpensesTotal Revenues | ||
| enter an income statement item | $enter a dollar amount | |
| select an opening name for section two DividendsExpensesNet Income / (Loss)Retained Earnings, April 30Retained Earnings, April 1RevenuesTotal ExpensesTotal Revenues | ||
| enter an income statement item | $enter a dollar amount | |
| enter an income statement item | enter a dollar amount | |
| enter an income statement item | enter a dollar amount | |
| enter an income statement item | enter a dollar amount | |
| select a closing name for section two DividendsExpensesNet Income / (Loss)Retained Earnings, April 30Retained Earnings, April 1RevenuesTotal ExpensesTotal Revenues | enter a total amount for section two | |
| select a closing name for this statement DividendsExpensesNet Income / (Loss)Retained Earnings, April 30Retained Earnings, April 1RevenuesTotal ExpensesTotal Revenues | $enter a total net income or loss amount | |
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(a2)
Prepare an retained earnings statement. (List items that increase retained earnings first.)
| Concord Company Retained Earnings Statement choose the accounting period April 30, 2022For the Month Ended April 30, 2022For the Quarter Ended April 30, 2022 | |
|---|---|
| select an opening name DividendsExpensesInvestmentsNet Income / (Loss)Retained Earnings, April 30Retained Earnings, April 1RevenuesTotal ExpensesTotal Revenues | $enter a dollar amount |
| select between addition and deduction AddLess: select an item DividendsExpensesNet Income / (Loss)Retained Earnings, April 30Retained Earnings, April 1RevenuesTotal ExpensesTotal Revenues | enter a dollar amount |
| enter a subtotal of the two previous amounts | |
| select between addition and deduction AddLess: select an item DividendsExpensesNet Income / (Loss)Retained Earnings, April 30Retained Earnings, April 1RevenuesTotal ExpensesTotal Revenues | enter a dollar amount |
| select a closing name DividendsExpensesNet Income / (Loss)Retained Earnings, April 30Retained Earnings, April 1RevenuesTotal ExpensesTotal Revenues | $enter a total amount |
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