Question

Jesse Duncan established Bear Computer Services on August 1, 2013. The effect of each transaction and the balances after each transaction for August are shown below in the integrated financial statement framework.

Instruction
1. Prepare an income statement for the month ended August 31, 2013.
2. Prepare a retained earnings statement for the month ended August 31, 2013.
3. Prepare a balance sheet as of August 31, 2013.
4. Prepare a statement of cash flows for the month ended August 31, 2013.




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  • CreatedFebruary 04, 2014
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