Question: Using the trial balance provided above, prepare an income statement and a statement of changes in equity for the first three months ended July 31,

Using the trial balance provided above, prepare an income statement and a statement of changes in equity for the first three months ended July 31, 2014, and a balance sheet at July 31, 2014.

Analysis Component: Analyze the balance sheet and calculate what percentage of the assets is financed by (a) debt and (b) equity.

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LINCOLN LANDSCAPING Income Statement For Three Months Ended July 31 2014 Revenues Fees earned 29100 ... View full answer

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