RIVERBED ENTERPRISES Income Statement For the Year Ended April $30,2027$You are provided with the following information for Riverbend enterprises, effective as of its April $30,2027,$ ?year end. Accounts payable $$909$ ?accounts receivable $$975$ ?accumulated dissipation equipment $$670$ ?cash $$1435$common stock $$1395$ ?Cost of good sold $$1135$ ?deprecation expense $$260$ ?dividends $$400$ ?equipment $2585$ ?income tax expense $$24\mathrm{0 }$income taxes payable $$210$ ?insurance expense $$285$ ?intrest expense $$475$ ?inventory $$1132$ ?land $$3265$ ?Mortgage payable $$3665$ ?notes payable $($due March $31,2028)$ ?$$226$ ?prepaid insurance $$135$ ?retained earnings $$1600$ ?salary and wages expense $$625$ ?salaries and wages payable $$287$ ?sales and revenue $$5265$ ?stock investments short term $$1290$?

Transcribed Image Text:

Prepare an income statement for Riverbed Enterprises for the year ended April 30, 2027. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Revenues RIVERBED ENTERPRISES Income Statement For the Year Ended April 30, 2027 $ $ Prepare an income statement for Riverbed Enterprises for the year ended April 30, 2027. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Revenues RIVERBED ENTERPRISES Income Statement For the Year Ended April 30, 2027 $ $

Answer rating: 100% (QA)

To prepare an income statement for Riverbed Enterprises for the year ended April 30 2027 well focus ... View the full answer