You are provided with the following information for Bonita Industries, effective as of its April...
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Accounting
You are provided with the following information for Bonita Industries, effective as of its April 30,2017 , year-end. Liabilities and Stockholders' Equity InsuranceexpenseInterestexpenseInventoryLandMortgagepayable(lons-tetm)Notespayable(short-term)PrepaidinvuranceRetainedearninus(beginnine)Salariesandwagesoperoe:SalariesandwagespayableSalesreveriveStockinvestments(short-term)2554451,1023,2353,6351961051,6006552675,2351,290 (3) Assets 5 I Prepare a retained earnings statement for Bonita Industries for the year ended April 30,2017 . (List items that increase retained carnings first.) Prepare an income statement for Bonita Industries for the vear ended April 30, 2017
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