Requirement 2. Complete the statement of owner's equity for the month ended November 30, 2024. Assume...
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Requirement 2. Complete the statement of owner's equity for the month ended November 30, 2024. Assume that there were no contributions made by the owner during the month. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Use a minus sign or parentheses to show a net loss for the month. Exclude any zero-balance events for the period from the statement of owner's equity.) Voice Solution Statement of Owner's Equity Month Ended November 30, 2024 Prisco, Capital, November 1, 2024 Prisco, Capital, November 30, 2024 Account Names Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation - Equipment Accounts Payable Salaries Payable Prisco, Capital Prisco, Withdrawals GA Unadjusted Trial Balance Debit 4,400 3,400 1,400 3,500 32,000 2,700 Credit 1,600 5,200 34,300 Debit (a) $ Voice Solution Worksheet November 30, 2024 Adjustments 900 $ Credit 1,000 (d) 800 (e) 200 (b) 700 (c) $ Adjusted Trial Balance Debit 4,400 4,300 400 2,700 32,000 2,700 Credit 1,800 5,200 700 34,300 Income Statement Debit Credit $ Balance Sheet Debit 4,400 4,300 400 2,700 32,000 2,700 Credit 1,800 5,200 700 34,300 Equipment Accumulated Depreciation - Equipment Accounts Payable Salaries Payable Prisco, Capital Prisco, Withdrawals Service Revenue Depreciation Expense - Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense Total GA 32,000 2,700 1,900 700 1,600 5,200 34,300 8,900 50,000 $ 50,000 (b) (c) (d) (e) 200 700 1,000 800 $ 3,600 $ 200 (b) 700 (c) 900 (a) 3,600 32,000 2,700 200 2,600 1,000 700 800 51,800 $ 1,800 5,200 700 34,300 9,800 LA 51,800 $ Net Income $ $ 200 2,600 1,000 700 800 5,300 $ 4,500 9,800 $ 9,800 9,800 32,000 2,700 46,500 1,800 5,200 700 34,300 42,000 4,500 9,800 $ 46,500 $ 46,500 Requirement 2. Complete the statement of owner's equity for the month ended November 30, 2024. Assume that there were no contributions made by the owner during the month. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. (Use a minus sign or parentheses to show a net loss for the month. Exclude any zero-balance events for the period from the statement of owner's equity.) Voice Solution Statement of Owner's Equity Month Ended November 30, 2024 Prisco, Capital, November 1, 2024 Prisco, Capital, November 30, 2024 Account Names Cash Accounts Receivable Prepaid Rent Office Supplies Equipment Accumulated Depreciation - Equipment Accounts Payable Salaries Payable Prisco, Capital Prisco, Withdrawals GA Unadjusted Trial Balance Debit 4,400 3,400 1,400 3,500 32,000 2,700 Credit 1,600 5,200 34,300 Debit (a) $ Voice Solution Worksheet November 30, 2024 Adjustments 900 $ Credit 1,000 (d) 800 (e) 200 (b) 700 (c) $ Adjusted Trial Balance Debit 4,400 4,300 400 2,700 32,000 2,700 Credit 1,800 5,200 700 34,300 Income Statement Debit Credit $ Balance Sheet Debit 4,400 4,300 400 2,700 32,000 2,700 Credit 1,800 5,200 700 34,300 Equipment Accumulated Depreciation - Equipment Accounts Payable Salaries Payable Prisco, Capital Prisco, Withdrawals Service Revenue Depreciation Expense - Equipment Salaries Expense Rent Expense Utilities Expense Supplies Expense Total GA 32,000 2,700 1,900 700 1,600 5,200 34,300 8,900 50,000 $ 50,000 (b) (c) (d) (e) 200 700 1,000 800 $ 3,600 $ 200 (b) 700 (c) 900 (a) 3,600 32,000 2,700 200 2,600 1,000 700 800 51,800 $ 1,800 5,200 700 34,300 9,800 LA 51,800 $ Net Income $ $ 200 2,600 1,000 700 800 5,300 $ 4,500 9,800 $ 9,800 9,800 32,000 2,700 46,500 1,800 5,200 700 34,300 42,000 4,500 9,800 $ 46,500 $ 46,500
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