Indigo Corporation began operations on January 1, 2022. The following information is available for Indigo...
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Indigo Corporation began operations on January 1, 2022. The following information is available for Indigo Corporation on December 31, 2022 $ 6,000 Bank loan payable $8.400 3,600 Rent expense 2.880 2,400 ? Accounts payable Accounts receivable Advertising expense Cash Common shares (Dec 31) Dividends declared 3,720 Retained earnings (Dec 31) Salaries expense Service revenue 6,960 30.000 18,000 2.280 3,000 Supplies 2040 Equipment 33,360 Supplies expense 2.160 Income tax expense INDIGO CORPORATION Statement of Changes in Equity Common Shares Retained Earnings Total Equity $ $ Total Revenues Issued Common Shares Total Expenses Balance, Dec. 31 income Before Income Tax Expenses Balance, Jan. 1 Net Income (Loss) Revenues Dividends Declared $


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