You are provided with the following information
for Sandhill Co., effective as of its April 30, 2022,
year-end.
(a1)
Correct answer icon
Your answer is correct.
Prepare an income statement for Sandhill Co. for the
year ended April 30, 2022. (Enter negative amounts
using either a negative sign preceding the number e.g. -45 or
parentheses e.g. (45).)
SANDHILL CO.
Income Statement
choose the accounting period
For the Month Ended April 30,
2022For the Year Ended April 30, 2022April 30, 2022
select an opening name for section one
DividendsExpensesNet Income /
(Loss)Retained Earnings, May 1, 2021Retained Earnings, April 30,
2022RevenuesTotal ExpensesTotal Revenues
enter an income statement item
$enter a dollar amount
select an opening name for section two
DividendsExpensesNet Income /
(Loss)Retained Earnings, May 1, 2021Retained Earnings, April 30,
2022RevenuesTotal ExpensesTotal Revenues
enter an income statement item
$enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
enter an income statement item
enter a dollar amount
select a closing name for section two
DividendsExpensesNet Income /
(Loss)Retained Earnings, May 1, 2021Retained Earnings, April 30,
2022RevenuesTotal ExpensesTotal Revenues
enter a total of the six previous amounts
select a closing name for this statement
DividendsExpensesNet
Income / (Loss)Retained Earnings, May 1, 2021Retained Earnings,
April 30, 2022RevenuesTotal ExpensesTotal Revenues
$enter a total net income or loss amount
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List of Accounts
Attempts: 2 of 5 used
(a2)
Prepare a retained earnings statement for Sandhill
Co. for the year ended April 30, 2022. (List
items that increase retained earnings first.)
SANDHILL CO.
Retained Earnings Statement
choose the accounting period
April 30, 2022For the Year Ended
April 30, 2022For the Month Ended April 30, 2022
select an opening name
DividendsExpensesNet Income /
(Loss)Retained Earnings, May 1, 2021Retained Earnings, April 30,
2022RevenuesTotal ExpensesTotal Revenues
$enter a dollar amount
select between addition and deduction
AddLess: select an
item
DividendsExpensesNet Income / (Loss)Retained Earnings, May 1,
2021Retained Earnings, April 30, 2022RevenuesTotal ExpensesTotal
Revenues
enter a dollar amount
enter a subtotal of the two previous amounts
select between addition and deduction
AddLess: select an
item
DividendsExpensesNet Income / (Loss)Retained Earnings, May 1,
2021Retained Earnings, April 30, 2022RevenuesTotal ExpensesTotal
Revenues
enter a dollar amount
select a closing name
DividendsExpensesNet Income /
(Loss)Retained Earnings, May 1, 2021Retained Earnings, April 30,
2022RevenuesTotal ExpensesTotal Revenues
$enter a total amount
You are provided with the following information for Sandhill Co., effective as of its April 30, 2022, year-end. (a1) Cor
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