From the following account balances for June 2022, prepare in proper form (a) An income statement, (b)
Question:
From the following account balances for June 2022, prepare in proper form
(a) An income statement,
(b) A statement of owner’s equity, and
(c) A balance sheet for French Realty
Transcribed Image Text:
Cash Accounts Receivable Office Equipment Accounts Payable S. French, Capital, June 1, 2022 $4,650 2,600 8,500 4,000 9,000 S. French, Withdrawals Professional Fees Salaries Expense Utilities Expense Rent Expense 640 5,600 800 760 650
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a b c Revenue Professional Fees Operating Expen...View the full answer
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Ashok Kumar Malhotra
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Related Book For
College Accounting A Practical Approach
ISBN: 9780135222416
14th Canadian Edition
Authors: Jeffrey Slater, Debra Good
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