At the end of the second year of operations (December 31, 2014), the following financial...
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Accounting
At the end of the second year of operations (December 31, 2014), the following financial l data for the Ava darling company are available: Prepare the income statement and statement of retained earnings for the ear ended December 31,2014. Prepare the Blanca sheet as of December 31,2014. Cash:$12,000 Equipment:8,000 Other revenue: 20,300 Sales Revenue: 95,000 Wages Expense:9,800 Dividends declared:2,200 Accounts receivable: $49,500 Salaries Expense: 36,000 Unearned Revenue: 1,500 Operating Expenses: 37,200 Contributed Capital: 41,900 Beginning Retained Earnings 1/1/14: :? Solve
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