At the end of April, the first month of operations, the folowing selected data were taken...

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At the end of April, the first month of operations, the folowing selected data were taken from the financial statements of Shelby Grant attorney Net income for Apri $120,000 Total assets at April 30 750,000 Total liabilities at April 30 300,000 Total owner's equity at April 30 450,000 In preparing the financial statements, adjustments for the following data were overlooked Supplies used during April $2,750. Unbiled fees eamed at Apri 30 $23.700 Depreciation of equipment for April $1.000 Accrued wages at Apr 30, 51 400 At the end of April, the first month of operations, the folowing selected data were taken from the financial statements of Shelby Grant attorney Net income for Apri $120,000 Total assets at April 30 750,000 Total liabilities at April 30 300,000 Total owner's equity at April 30 450,000 In preparing the financial statements, adjustments for the following data were overlooked Supplies used during April $2,750. Unbiled fees eamed at Apri 30 $23.700 Depreciation of equipment for April $1.000 Accrued wages at Apr 30, 51 400