Question: From the information given below, prepare a November income statement, a November statement of owner's equity, and a November 30 balance sheet. On November of

From the information given below, prepare a November income statement, a November statement of owner's equity, and a November 30 balance sheet. On November of the current year, Victoria Garza began Garza Dcor with an initial investment of $50,000 cash. On November 30, her records showed the following (alphabetically arranged) items and amounts. Accounts payable. $12,000 Office furnishings.... $40,000 Accounts receivable.... 19,000 Owner's withdrawals........ 6,000 Cash....... 21,200 Rent expense... 9,600 Fees earned 34,000 Salaries expense.. 4,200 Notes payable 4,250 Telephone expense..... 250 Income Statement Statement of Owner's Equity Balance Sheet
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