Question: Refer to Problem 2-47B. After completing the trial balance in Problem 2-47B, prepare the following financial statements for Beth Yung, Designer, P.C.: Requirements 1. Income

Refer to Problem 2-47B. After completing the trial balance in Problem 2-47B, prepare the following financial statements for Beth Yung, Designer, P.C.:

Requirements

1. Income statement for the month ended November 30, 2012.

2. Statement of retained earnings for the month ended November 30, 2012. The beginning balance of retained earnings was $0.

3. Balance sheet at November 30, 2012.

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