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Quiz 1-4 project - ACC 321 Quizzes 1,2,3,4 Alex Gase Table...

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ACC 321 Quizzes 1,2,3,4 Alex Gase Table of Contents Cover Page 1 General Journals - General 2 - Adjusting 3 - Closing 4 General Ledger 5 Trial Balances - Unadjusted 6 - Adjusted - Closing 7 Financial Statements - Income Statement 8 - Statement of Owner's Equity 9 - Balance Sheet 10 - Statement of Cash Flows 11
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Falling Leaf, Inc. Income Statement For the month ended September 30,2010 Revenues Service Revenue $6,900 Total Revenues $6,900 Expenses Salaries Expense 2,400 Insurance Expense 1,320 Leaf-Raking Supplies Expense 440 Oil & Gas Expense 260 Depreciation Expense 250 Total Expenses 4,670 Net Income $2,230 Earnings per Common Share $0.20
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Consolidated Statements of Owner's Equity In Dollars/shares Total Balance August 31, 2010 0 0 0 0 0 0 0 Net Earnings 1,630 1,630 1,630 Other Comprehensive Income 0 0 0 Total Comprehensive Income $1,630 Dividends to Shareholders Common (600) (600) Common Stock Issuances 11,000 11,000 Balance September 30, 2010 11,000 11,000 0 0 0 1030 1030 Common Shares Outstanding Common Stock Preferred Stock Accumulated other Comprehensive Income Treasury Stock Retained Earnings Total Comprehensive Income
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Falling Leaf, Inc.
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