Complete the following for this assignment:
Note: This project is to be completed without the use of tax preparation software. Use of tax preparation software is considered cheating and is grounds for a failing grade.
Jim’s Auto Body (Inc., or LLC)
1122 Sesame Street
New York, NY, 10002
Dated incorporated January 1st, 2010
8701 Electric Avenue
New York, NY, 10002SSN: 123-45-6789
Jim’s Auto Body Revenues: Service Revenue
Jim’s Auto Body
As of April 30, 2015
Acct Rec’able 20,000PP In
Equipment 55,000Accu. Dep.
Liabilities and Stockholders’ Equity Liabilities :Accounts Payable
Stockholders’ Equity:Common Stock 150,000 Retained Earnings
Total Stockholders’ Equity
Total Liabilities and Stockholders’ Equity
Internal Revenue Service. (2015). Instructions for form 1120. Retrieved from https://www.irs.gov/pub/irs-pdf/i1120.pdf
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