Question: This question left me confused after I have filled everything correctly and it still said not complete. It doesn't make sense. Can you please check




This question left me confused after I have filled everything correctly and it still said not complete. It doesn't make sense. Can you please check if anything I miss or if it might be a glitch? 



Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1 . On December 31 , Metrix shows the following selected accounts and amounts for the month of December. Required: 1. Prepare a December income statement for the business. 2. Prepare a December statement of retained earnings. The Retained Earnings account balance at December 1 was $0, and the owner invested $11,600 cash in the company on December 2 in exchange for common stock. 3. Prepare a December 31 balance sheet. Hint: Use the Retained Earnings account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Prepare a December income statement for the business. Prepare a December statement of retained earnings. The Retained Earnings account balance at December 1 was $0, and the owner invested $11,600 cash in the company on December 2 in exchange for common stock. Prepare a December 31 balance sheet. Hint: Use the Retained Earnings account balance calculated in part 2
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
