Question: Prepare an income statement, a retained earnings statement, and a statement of financial position for ABC company, from the items listed below for the

Prepare an income statement, a retained earnings statement, and a statement of 

Prepare an income statement, a retained earnings statement, and a statement of financial position for ABC company, from the items listed below for the month of July 2018 Retained earnings, July 1 Share capital-ordinary Accounts payable Equipment Service revenue Dividends Electricity expenses Cash Other office expenses Salaries expenses Rent expenses Accounts receivable 15,000 20,000 5,000 35,000 70,000 10,000 5,000 10,000 15,000 15,000 5000 15000

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