The 1st image is the correct sheet, it needs these answers:

Smith Company issued additional common stock for $3,000 cash.

During the period, Smith recognized $2,700 of consulting revenue earned on account.

Smith collected $2,800 cash from accounts receivable.

Smith accrued salary expense of $1,500.

The company paid $1,350 of the salaries payable liability.

Smith paid dividends of $300 to the stockholders.

Paid $420 cash to renew the insurance policy for another one-year term.

Smith adjusted the books to reflect the insurance expense that had been incurred in 2019 (described in event 7 of 2018).

Smith adjusted the books to reflect the revenue earned in 2019 under the one-year consulting contract that began in 2018 (event 8 in 2018).

2nd image is this part:

For 2019, prepare an income statement, a statement of retained earnings, a balance sheet, and a statement of cash flows.

ou my template?

**don't know how to attach the template, but I have it!!**

Smith Company issued additional common stock for $3,000 cash.

During the period, Smith recognized $2,700 of consulting revenue earned on account.

Smith collected $2,800 cash from accounts receivable.

Smith accrued salary expense of $1,500.

The company paid $1,350 of the salaries payable liability.

Smith paid dividends of $300 to the stockholders.

Paid $420 cash to renew the insurance policy for another one-year term.

Smith adjusted the books to reflect the insurance expense that had been incurred in 2019 (described in event 7 of 2018).

Smith adjusted the books to reflect the revenue earned in 2019 under the one-year consulting contract that began in 2018 (event 8 in 2018).

Required: using the attached template

Module 2 HW Challenge Problem Template.xlsx

Record the events using the horizontal financial statements model.

For 2019, prepare an income statement, a statement of retained earnings, a balance sheet, and a statement of cash flows.

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