Refer to the trial balance of Harold's Home Repair in Problem 3-13A to determine the following information.

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Refer to the trial balance of Harold's Home Repair in Problem 3-13A to determine the following information. Use the format provided below.

1. a. Total revenue for the month _________

b. Total expenses for the month_________

c. Net income for the month _________

2. a. Harold Long's original investment _________

in the business

+ Net income for the month _________

â€“ Owner's drawing _________

Increase (decrease) in capital _________

= Ending owner's equity_________

b. End of month accountingequation:

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 20, 2011 10:30 AM

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Refer to the trial balance of Harold's Home Repair in Problem 3-13A to determine the following information.

Question:

Liabilities Owner's Equity Assets

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1 aTotal revenue for the month 13200 bTotal expenses for the month 1860 cN...View the full answer

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