ACC 290_Week 1 Assignment - Do It! Review 1-3 Marsh...

Do It! Review 1-3
Accounts payable
Accounts receivable 5,780
Advertising expense 4,400
Cash 6,880
Common stock 18,780 Supplies
Dividends 6,280
Equipment 30,580
Marsh Corporation
Income Statement
For Year Ended December 31, 2014
Revenues
Service Reveune
Expenses
Rent Expense
Advertising Expense
Supplies Expense
Total Expenses
Net Income
Marsh Corporation
Retained Earnings Statement
For Year Ended December 31, 2014
Retained Earnings, January 1
Marsh Corporation began operations on January 1, 2014. The following information is available for
Corporation on December 31, 2014.
$ 8,780
Notes
payable
Rent
expense
Retained
earnings
Service
revenue
Supplies
expense

Add: Net Income
Less: Dividends
Retained Earnings, December 31
Marsh Corporation
Balance Sheet
31-Dec-14
Assets
Cash
Accounts Receivable
Supplies
Equipment
Total Assests
Liabilities and Stockholders' Equity
Liabilities
Accounts Payable
Notes Payable
Total Liabilties
Stockholder's Equity
Common Stock
Retained Earnings
Total Stockholder's Equity
Total Liabilities and Stockholder's Equity

13,780
?