A. Calculate the ending balance for each account. (The area shaded in yellow) B. Create the...

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A. Calculate the ending balance for each account. (The area shaded in yellow) B. Create the income statement. C. Create the statement of owner's equity. D. Create the balance sheet. Cash Assets Inventory Equipment Accounts Payable $50,000 (6,000) 6,000 22.000 22,000 1,250 (750) Liabilities Owner's Equity Wages Common Payable Stock Retained Earnings 50,000 1,250 (750) 600 (600) 3,000 (3,000) 3,200 3,200 175 (175) (1,000) 1,000 A. Calculate the ending balance for each account. (The area shaded in yellow) B. Create the income statement. C. Create the statement of owner's equity. D. Create the balance sheet. Cash Assets Inventory Equipment Accounts Payable $50,000 (6,000) 6,000 22.000 22,000 1,250 (750) Liabilities Owner's Equity Wages Common Payable Stock Retained Earnings 50,000 1,250 (750) 600 (600) 3,000 (3,000) 3,200 3,200 175 (175) (1,000) 1,000

Answer rating: 100% (QA)

A Calculate the ending balance for each account Cash 50000 Inventory 6000 E... View the full answer