Windsor, Inc. was organized on July 1, 2022. Quarterly financial statements are prepared. Information from...
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Accounting
Windsor, Inc. was organized on July 1, 2022. Quarterly financial statements are prepared. Information from the unadjusted and adjusted tabular summary on September 30, 2022 is shown as follows. The $13,616 in the revenue column includes Service Revenue: $12,972 and Rent Revenue: $644. The $9,354 in the expense column includes Salaries and Wages $8,096, Rent $828, and Utilities $430.
Assets
=
Liabilities
+
Stockholders Equity
Cash
+
Accts. Rec.
+
Supplies
+
Prepd. Rent
+
Equip.
-
Acc. Depr.- Equip.
Notes Pay.
+
Accts. Pay.
+
Sal./Wages Pay.
+
Int. Pay
+
Unearn. Rent. Rev.
Com. Stock
+
Retained Earnings
=
+
Rev.
-
Exp.
-
Div
Bal.
6,164
+
368
+
1,104
+
1,656
+
13,800
-
0
=
4,600
+
982
+
0
+
0
+
920
+
12,880
+
13,616
-
9,354
-
552
Adj. 1.
Adj. 2.
Adj. 3.
Adj. 4.
Adj. 5.
Adj. 6.
Adj. 7
Adj. Bal.
6,164
+
920
+
168
+
828
+
13,800
-
322
=
4,600
+
982
+
552
+
46
+
736
+
12,880
+
14,352
-
12,038
-
552
Prepare an income statement for the 3 months ending September 30.
Windsor, Inc. Income Statement choose the accounting period For the Year Ended September 30, 2022September 30, 2022For the Quarter Ended September 30, 2022
select an opening name for section one DividendsExpensesNet Income / (Loss)Retained Earnings, July 1Retained Earnings, September 30RevenuesTotal ExpensesTotal Revenues
enter an income statement item
$enter a dollar amount
enter an income statement item
enter a dollar amount
select a closing name for section one DividendsExpensesNet Income / (Loss)Retained Earnings, July 1Retained Earnings, September 30RevenuesTotal ExpensesTotal Revenues
$enter a total amount for section one
select an opening name for section two DividendsExpensesNet Income / (Loss)Retained Earnings, July 1Retained Earnings, September 30RevenuesTotal ExpensesTotal Revenues
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
select a closing name for section two DividendsExpensesNet Income / (Loss)Retained Earnings, July 1Retained Earnings, September 30RevenuesTotal ExpensesTotal Revenues
enter a total amount for section two
select a closing name for this statement DividendsExpensesNet Income / (Loss)Retained Earnings, July 1Retained Earnings, September 30RevenuesTotal ExpensesTotal Revenues
$enter a total net income or loss amount
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