Do It Review 1-3Marsh Corporation

| January 31, 2017

Question
Do It Review 1-3Marsh 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

Equipment 30,030

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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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