Using the information provided on the Account Information sheet complete the following Financial Statments for Reed...

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Using the information provided on the Account Information sheet complete the following Financial Statments for Reed Geophysical Inc. for 2018 1. Statement of Income 2. Statement of Comprehensive Income 3. Statement of Changes in Equity 4. Statement of Financial Position A Account Name Income tax Expense Decrease in porperty valulation Property, Plant, Equipment Current Assets Cost of Sales Distribuiton Costs Common Shares Issued O Finance Costs Stock Option Compenstation Profit before Taxes 3 Retained Earnings (endof year) 4 Dividends Paid 5 Other Income 6 Gross Profit 7 Share Captial (end of year) 8 Contributed surplus (beginnning of year) 9 Non-Current Liablilities o Change in Currency Translation (income) 1 Retained Earnings(beginning of year) 2 Administrative Expenses 23 Total Liabilities 24 Total Assets B $ Balance (2019) 600,000 35,000 ? Solve 6,500,000 7,500,000 900,000 895,000 90,000 40,000 1,750,000 5,000,000 150,000 40,000 3,500,000 3,395,000 60,000 5,000,000 40,000 4,000,000 800,000 8,000,000 16,500,000 Using the information provided on the Account Information sheet complete the following Financial Statments for Reed Geophysical Inc. for 2018 1. Statement of Income 2. Statement of Comprehensive Income 3. Statement of Changes in Equity 4. Statement of Financial Position A Account Name Income tax Expense Decrease in porperty valulation Property, Plant, Equipment Current Assets Cost of Sales Distribuiton Costs Common Shares Issued O Finance Costs Stock Option Compenstation Profit before Taxes 3 Retained Earnings (endof year) 4 Dividends Paid 5 Other Income 6 Gross Profit 7 Share Captial (end of year) 8 Contributed surplus (beginnning of year) 9 Non-Current Liablilities o Change in Currency Translation (income) 1 Retained Earnings(beginning of year) 2 Administrative Expenses 23 Total Liabilities 24 Total Assets B $ Balance (2019) 600,000 35,000 ? Solve 6,500,000 7,500,000 900,000 895,000 90,000 40,000 1,750,000 5,000,000 150,000 40,000 3,500,000 3,395,000 60,000 5,000,000 40,000 4,000,000 800,000 8,000,000 16,500,000

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To complete the financial statements for Reed Geophysical Inc For 2018 we will use the information p... View the full answer