10. From the following balances for C. Stone's Realty, prepare: a) Income statement for the month...

 

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10. From the following balances for C. Stone's Realty, prepare: a) Income statement for the month ended January 31, 2019 b) Statement of owner's equity for the month ended January 31, 2019 c) Balance Sheet as of January 31, 2019 C. Stone, Withdrawals Commissions Earned 1,000 15,000 2,000 1,500 Cash Accounts Receivable Office Equipment Accounts Payable C. Stone, Capital January 1, 2019 $40,000 13,700 14,900 9,000 Rent Expense Advertising Expense Salaries Expense 900 50,000 10. From the following balances for C. Stone's Realty, prepare: a) Income statement for the month ended January 31, 2019 b) Statement of owner's equity for the month ended January 31, 2019 c) Balance Sheet as of January 31, 2019 C. Stone, Withdrawals Commissions Earned 1,000 15,000 2,000 1,500 Cash Accounts Receivable Office Equipment Accounts Payable C. Stone, Capital January 1, 2019 $40,000 13,700 14,900 9,000 Rent Expense Advertising Expense Salaries Expense 900 50,000

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Answer a CStones Realty Income statement for the year ending January 3... View the full answer