The owner of Neros company has hired you to analyze her company's performance and financial position, as well as...

  

   

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The owner of Neros company has hired you to analyze her company's performance and financial position, as well as the positions of Iits competitors, Centar and Xermix. However, the data Neros abtained is incomplete and is shown in the following Tableau Dashboard. Accounting Equation Data Neros Centar Xenmix s400,000 Sdve for Liabilit S80,000 SE0,000 Solve for Assets $40,000 Solve for Equity 520,000 30 Assets Liabilities + Assets Liobilities + Assets Liabilities+ Equity Equity Equity Neros income Statement vata Neros Revenue Accounts Neros Expense Accounts S50,000 $40,000 Utities Expense Rant Expense $30,000 Insurance Expense Advertising Expense S20,000 Salaries Expense S10,000 so Consulting Revenue Rental Rovenue *tableau 1. Using Income statement deta far Neras, prepare a December income statement dated December 31. 2. If the owner of Neros withdraws cash from the business to pay for a family vacation, how is this repo les on the financial statements? 3. If the owner of Neros invests cash Into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Reg 1 Raq 2 and 3 Using income statement data for Neros, prepare a Decembar income statement dotod Docomber 32. 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If the owner of Neros withdraws cash from the business to pay for a family vacation, how is this reported on the financial statements? 3. If the owner of Neros invests cash into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Req 1 Reg 2 and 3 Using income statement data for Neros, prepare a December income statement dated December 31. NEROS Income Statement < Req 1 Req 2 and 3 > 1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If the owner of Neros withdraws cash from the business to pay for a family vacation, how is this reported on the financial statements? 3. If the owner of Neros invests cash into the business, how is this reported on the financial statements? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 2. If the owner of Neros withdraws cash from the business to pay for a family vacation, how is this reported on the financial statements? 3. If the owner of Neros invests cash into the business, how is this reported on the financial statements? ........: Show lesS A: If the owner of Neros withdraws cash from the business to pay for a family 2. vacation, how is this reported on the financial statements? If the owner of Neros invests cash into the business, how is this reported on 3 the financial statements? < Req 1 Req 2 and 3 >

Answer rating: 100% (QA)

Req 1 Req 2 Cash dividend paid to stockholder is reported in statement of re View the full answer