Ex 5 Listed below in alphabetical order are the balance sheet items of Nolan

Ex 5 listed below in alphabetical order are the

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Ex. 5Listed below in alphabetical order are the balance sheet items of Nolan Company at December31, 2017. Prepare a balance sheet and include a complete heading.
Ex. 6Prepare an income statement and a retained earnings statement, for the month of October,2017 and a balance sheet at October 31, 2017 for the medical practice of Linda Denny, MD,from the items listed below.
LINDA DENNY, MD Income Statement For the Month Ended October 31, 2017 ____________________________________________________________________________ Revenues Service revenue ............................................................................. $23,000 Expenses Salaries and wages expense .......................................................... $9,000 Insurance expense ......................................................................... 3,500 Rent expense ................................................................................. 2,000 Utilities expense ............................................................................. 700 Total expenses .......................................................................... 15,200 Net income ............................................................................................ $ 7,800 (Ser. rev. – Tot. exp.) LINDA DENNY, MD

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