Question: Save & Exit Submit Riley, Incorporated reports the following amounts at the end of the year Cash Buildings Accounts payable Interest expense Advertising expense $41,000
Save & Exit Submit Riley, Incorporated reports the following amounts at the end of the year Cash Buildings Accounts payable Interest expense Advertising expense $41,000 Service revenue $98,900 58,008 Salaries expense 71,800 9,400 Equipment 71,000 3,700 Supplies 4,200 10,100 Notes payable 50,000 In addition, the company had common stock of $67,000 at the beginning of the year and issued an additional $7,500 during the year. The company also had retained earnings of $28,100 at the beginning of the year and paid dividends of $1100 during the year. Prepare the income statement, statement of stockholders' equity, and balance sheet. a. Income statement RILEY, INCORPORATED Income Statement For the year ended December 31 Revenues Expenses Total expenses $ 0
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