Refer to the trial balance of Jantz Plumbing Service in Problem 3-13B to determine the following information.

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Refer to the trial balance of Jantz Plumbing Service in Problem 3-13B 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. Sue Jantz'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 Jantz Plumbing Service in Problem 3-13B to determine the following information.

Question:

Owner's Equity Liabilities Assets

Step by Step Answer:

1 a Total revenue for the month 9800 b Total expenses for the month 330...View the full answer

College Accounting

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