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Based on the Tabular Analysis create an Income statement for August. +...

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Accounting

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Based on the Tabular Analysis create an Income statement for August.

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+ + KINGBIRD, INC.. Assed Liabilities Stockholders equity Accounts Notes Accounts common Retained Cash receivable Supplies - Equipment - payable payable stock earning Revenue Expense - Dividend 6200 7500+ 9501 10000 00 9200 13400+ 2050 1050 -1050 . . -2790 2790 3560 2160 + + + + 5720 Services provided 410+ 4360 E + 3950+ + + - 1350 + + + + + 1350 Salary expense -7900 . 790 Rent expense 320+ + + + + + 320 Advertising expense 770+ + + 770 Dividend 5050+ + 5050 + + 360 360 Utility expense + Bal Aug-01 Aug-041 Aug 09 Aug-15 Aug-19 Aug.19 Aug-19 Aug 23 Aug-26 Aug 31 + + . . . . . + + + + + + Total $9430 $8610+ $950 $ 14360 - SS0S0 + $ 10720 $ 13400 + $ 2050 $5720 - $2820 $770 In income statement Revenue is equals to 5720 (from above template) and which makes total expense equals to 2820 and net income equals to 5720 2820 = $ 2900 Retained earning at end = 2050 +2900 Net income = 4950 - 770 dividend = 54180 In Balance sheet by taking correct figures for each from above template total asset total liabilities and stockholders equity - $33350 KINGBIRD, INC. Income Statement $ $ $

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