QuickBooks - Computerized Accounting. Issues with my Balance Sheet and Profit and Loss Summary Can you give me any advice that can reconcile these account balances? I have submitted the Profit and Loss Summary Along with the Balance Sheets I created in Quickbooks; along with pictures documenting what the accounts are meant to be. Any help you be appreciated!   Puppy Luv Pampered Pooch - Allison Young Profit and Loss July 1 - August 10, 2026       TOTAL       Income     Pooch Services 743.50   Taxes and Licenses 50.00   Total Income $793.50   GROSS PROFIT $793.50   Expenses     Automobile Expense 15.23   Dues and Subscriptions 250.00   Equipment Rental 389.10   Marketing 1,033.00   Meals & Entertainment 245.00   Office Supplies & Software 63.54   Pooch Supplies 2,604.46   Postage 47.00   Taxes & Licenses 450.00   Utilities 16.84   Total Expenses $5,114.17   NET OPERATING INCOME $ -4,320.67   NET INCOME $ -4,320.67   Puppy Luv Pampered Pooch - Allison Young Balance Sheet As of August 10, 2026       TOTAL       ASSETS     Current Assets     Bank Accounts     Los Angeles City Bank 51,521.63   Total Bank Accounts $51,521.63   Accounts Receivable     Accounts Receivable (A/R) 220.50   Total Accounts Receivable $220.50   Other Current Assets     Prepaid Expenses 3,300.00   Undeposited Funds 0.00   Total Other Current Assets $3,300.00   Total Current Assets $55,042.13   Fixed Assets     Equipment 16,000.00   Total Fixed Assets $16,000.00   TOTAL ASSETS $71,042.13   LIABILITIES AND EQUITY     Liabilities     Current Liabilities     Accounts Payable     Accounts Payable (A/P) 315.80   Total Accounts Payable $315.80   Credit Cards     Los Angeles Credit Union 47.00   Total Credit Cards $47.00   Total Current Liabilities $362.80   Total Liabilities $362.80   Equity     Owner's Investment 75,000.00   Retained Earnings     Net Income -4,320.67   Total Equity $70,679.33   TOTAL LIABILITIES AND EQUITY $71,042.13

A Pre-Closing Trial Balance for Shady Lane Senior Living Center is listed below. From the list of accounts provided, prepare an activity statement. In this instance, there are no assets released from restrictions. Download the excel file provided. Prepare the activity statement, save it on your computer, and upload your response in the drop box below.   Cash $121,000 Pledges Receivable 50,240 Interest Income Receivable 500 Inventory 1,000 Investments – long term 492,600 Land 42,000 Building 162,800 Vintage Car Collection 60,000 Allowance for Uncollectible Pledges 1,000 Accumulated Depreciation 22,600 Accounts Payable 600 Notes Payable 1,000 Deferred Revenue 400 Long Term Loans Payable 100,000 Mortgage Payable 14,000 Net Assets: UR Undesignated 100,000 Net Assets: UR Designated 60,000 Net Assets: TR 100,000 Net Assets: PR 200,000 Program Expenses 42,300 SS: Mgt & Genl Exp 9,600 SS: Fundraising Exp 3,600 Reclassifications OUT-TR 44,200 Loss on Disposal of equipment 600 Revenue:…

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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

usiness AccountingQ&A LibraryGet live help whenever you need from online tutors!Try bartleby tutor todayarrow_forward Question Asked Sep 11, 2020 1 views Jordan Shi operates a consulting firm called X, which began operations on August1. On August 31 the company's records show the following accounts and the amount of August.  Cash =$25,460.   Acct Receivable =$22,510; Land = $44,130 Office equipment =20,160   Office  Supplies =$5,380;    Acct payable =$10,370 Dividends =$ 6130 Consulting fees earned =$27,130 Rent expense =$9690 Salaries expense =$5710 Telephone expense =$1010 Miscellaneous expense =$ 620 Common stock =$103,300 Use the above information to prepare an August statement of retained ernigs for the company.(Net income for August is $10,100) Get live help whenever you need from online tutors!Try bartleby tutor todayarrow_forward Question Asked Sep 11, 2020 1 views Jordan Shi operates a consulting firm called X, which began operations on August1. On August 31 the…

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required:Prepare the preliminary trial balance. Arrange the Accounts in their correct order thank you

Use the Adjusted Trial Balance Lion Consulting. (Note: I am including the Adjusted Trial Balance below in this question to use for questions 18-23 and 40-46, but it would be easier if you refer to the separate file I provided.)On the Income Statement, what would the Gross Profit be for Lion Consulting?  Lion Consulting  Adjusted Trial Balance June 30, 2019    Debit Balances Credit Balances Cash 92,000   Accounts Receivable 450,000   Merchandise Inventory 370,000    Estimated Returns Inventory 5,000    Office Supplies 10,000   Prepaid Insurance  12,000    Office Equipment 220,000      Accumulated Depreciation - Office Equip.   58,000 Store Equipment 650,000       Accumulated Depreciation - Store Equip.   87,500  Accounts Payable   38,500 Customer Refunds Payable    10,000 Salaries Payable   4,000 Note Payable (final payment due 2029)*   *140,000 M.T.…

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Complete the General Ledger based on the recorded journal entries.  Remember to: write the date, explanation, and fill out the value in the corresponding DR or CR column. Your explanation should only contain the other account names as per your journal entries, separated by a "/" where necessary.