Do It Review 1-3 Marsh Corporation
Do It! Review 1-3
Marsh Corporation began operations on January 1, 2014. The following information is available for Marsh Corporation on December 31, 2014.
Accounts payable $ 8,230 Notes payable $ 13,460
Accounts receivable 5,230 Rent expense 13,230
Advertising expense 4,260 Retained earnings ?
Cash 6,330 Service revenue 31,460
Common stock 18,230 Supplies 5,130
Dividends 5,730 Supplies expense 1,440
Don’t show me this message again for the assignment
Prepare an income statement for Marsh Corporation.
Prepare a retained earnings statement for Marsh Corporation. (List items that increase retained earnings first.)
Prepare a balance sheet for Marsh Corporation. (List assets in order of liquidity.)
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