From the completed worksheet in Exercise 4B-4, prepare In Exercise 4B-4 A. An income statement for October.

Question:

From the completed worksheet in Exercise 4B-4, prepare
In Exercise 4B-4

A. An income statement for October.
b. A statement of owner€™s equity for October.
c. A balance sheet as of October 31,201X.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...