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Student Name:
Class:
160,000$
29,600
84,900$
13,500
240,000$
87,600$
Assets
June 30, 20xx
Ticket revenue
Stockholders' equity
Liabilities
Accounts payable
Cash
Balance Sheet
WILLAMETTE CONSULTING
Liabilities & Stockholders' Equity
Add: Net income for June
Retained earnings, June 1
For the Month Ended June 30, 20xx
Income Statement
WILLAMETTE CONSULTING
Revenues:
For the Month Ended June 30, 20xx
Statement of Retained Earnings
WILLAMETTE CONSULTING
Concession revenue
Step-by-Step Problem
McGraw Hill
Instructor
Guide to Individual Problems to work this problem.
Note: Follow the Step-by-Step instructions in the
Accounts payable
Capital stock
