A list of account balances for “Amara Inc” as at the 30th June 2020 is shown below. Account name $ Cash 18,700 Equipment 29,000 Accumulated depreciation of equipment 14,000 Accounts payable 11,200 Capital (1 July 2019) 9,500 Retained earnings (1 July 2019) 8,200 Dividend paid 25,000   Additional information: Net profit after tax for the year ended 30 June 2020 was $29,800 Required: Prepare the statement of changes in Owners’ Equity for the year ended 30th June 2020 Prepare a fully classified balance sheet as at 30th June 2020.

The comparative balance sheets, income statement and additional information of Bakewell Corp. are presented as follows. Balance Sheet as at 31 December:     2020 2019        $   $ Assets     Cash 273,600 181,950 Accounts Receivable 94,350 88,850 Inventory 431,400 482,200 Prepaid Rent 20,200 18,200 Equipment 118,000 126,000 Accumulated Depreciation – Equipment (74,900) (93,000) Building 235,000 110,000 Accumulated Depreciation –  Building (66,700) (55,000) Total Assets 1,030,950 859,200       Liabilities and Stockholders’ Equity     Liabilities     Accounts Payable 111,000 123,450 Unearned Revenue 18,050 11,250 Notes Payable (long-term) 182,500 172,500 Total Liabilities 311,550 307,200       Stockholders’ Equity     Common Stock 580,000 550,000 Retained Earnings 174,400 77,000 Treasury Stock (35,000)…

The following are Grouper Corp.’s comparative balance sheet accounts at December 31, 2020 and 2019, with a column showing the increase (decrease) from 2019 to 2020. COMPARATIVE BALANCE SHEETS     2020   2019   Increase(Decrease) Cash   $818,200     $696,600     $121,600   Accounts receivable   1,132,100     1,177,800     (45,700 ) Inventory   1,841,000     1,713,900     127,100   Property, plant, and equipment   3,334,900     2,970,400     364,500   Accumulated depreciation   (1,157,500 )   (1,030,100 )   (127,400 ) Investment in Myers Co.   308,600     273,500     35,100   Loan receivable   249,300     —     249,300      Total assets   $6,526,600     $5,802,100     $724,500                       Accounts payable   $1,007,200     $949,700     $57,500   Income taxes payable   30,200     50,300     (20,100 ) Dividends payable   80,000     99,900…

Following are selected accounts for Best Buy, Inc., for the fiscal year ended February 2, 2019. (a) Indicate whether each account appears on the balance sheet (B) or income statement (I). Best Buy, Inc. ($ millions)Amount Classification  Sales $42,879 Answer B I    Accumulated depreciation 6,690 Answer B I  Depreciation expense   770  Answer B I  Retained earnings  2,985  Answer B I   Net income 1,464 Answer B I   Property, plant & equipment, net 2,510 Answer B I   Selling, general and admin expense 8,015 Answer B I  Accounts receivable 1,015  AnswerB I   Total liabilities 9,595  Answer B I  Stockholders' equity  3,306  Answer B  I (b) Using the data, compute total assets and total expenses. Total Assets Answer Total Expenses Answer answer complete and correct and in detail with all work

Refer to the 3.00% senior notes due May 2027. Calculate the interest expense on this note for fiscal year 2022.

Please Prepare The Income Statement !

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1）Statement profit or loss and other comprehensive income for the year ended 31 january 2020 2) Statement of financial position as at 31 january 2020

Wynn Company reported revenue of P6,000,000 under the cash basis for the year ended 2020. Additional information was made available; Accounts receivable, December 31, 2019 P1,250,000; Accounts receivable, December 31, 2020, P1,375,000. Under the accrual basis, how much should Wynn Company report as revenue for 2020?