Accounting Cycle Project Q9:

Comprehensive Problem 1 Part 8: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts NOTE: You must complete parts 1, 2, 3, 4, 6 and 7 before completing part 3 Parts is optional Prepare an income statement Kelly Consulting Income Statement For the Month Ended May 31, 2019 Expenses Prepare a statement of owner's equity Kelly Consulting Statement of Owner's Equity For the Month Ended May 31, 2019 Prepare a balance sheet Kelly Consulting Balance Sheet Prepare a balance sheet Kelly Consulting Balance Sheet May 31, 2019 Liabilities Current liabilities Assets Current assets Total abilities Total current sets Property, plant, and equipment Owner's Equity Tot assets Total liabilities and owner's equity Comprehensive Problem 1 Part 8: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts NOTE: You must complete parts 1, 2, 3, 4, 6 and 7 before completing part 3 Parts is optional Prepare an income statement Kelly Consulting Income Statement For the Month Ended May 31, 2019 Expenses Prepare a statement of owner's equity Kelly Consulting Statement of Owner's Equity For the Month Ended May 31, 2019 Prepare a balance sheet Kelly Consulting Balance Sheet Prepare a balance sheet Kelly Consulting Balance Sheet May 31, 2019 Liabilities Current liabilities Assets Current assets Total abilities Total current sets Property, plant, and equipment Owner's Equity Tot assets Total liabilities and owner's equity