a Prepare an income statement and an owners equity statement for the 2 months ended December 31 2013 and a classified balance sheet at December 31 2013 The note payable has a stated interest rate of 6 and the principal and interest are due on November 16 2015 b Natalie has decided that her yearend will be December 31 2013 Prepare and post closing entries as of December 31 2013 c Prepare a postclosing trial balance

Answer rating: 100% (QA)

1 Income Statement Service Revenue 4515 Salaries and Wages Expense 1006 Utilities Expense 125 Advert... View the full answer