A sole proprietorship was started on January 1, 2013, when it received $30,000 cash from Alex Ard,
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Required
Prepare an income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows for Ard’s 2013 fiscal year.
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Transactions Cash Acquired from Owner 30000 Revenues 50000 Expenses 22300 Withdrawals 10000 Alex Ard ...View the full answer
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Related Book For 
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
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