From the partial work sheet, prepare an income statement, a statement of owner's equity, and a...

 

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From the partial work sheet, prepare an income statement, a statement of owner's equity, and a classified balance sheet. The owner made no additional investments in the business during the month. Carlos Perez Delivery Service Work Sheet (Partial) For Month Ended January 31, 20 Account Title Cash Accounts Receivable Supplies Prepaid Insurance Income Statement Balance Sheet Debit Credit Debit Credit Delivery Equipment Accum. Depr-Delivery Equip. Accounts Payable Wages Payable Carlos Perez, Capital Carlos Perez. Drawing Delivery Fees Wages Expense Rent Expense 880 1.100 5,400 11,000 1,500 1,200 800 5,000 1.500 400 900 1.400 15,600 D From the partial work sheet, prepare an income statement, a statement of owner's equity, and a classified balance sheet. The owner made no additional investments in the business during the month. Carlos Perez Delivery Service Work Sheet (Partial) For Month Ended January 31, 20 Account Title Cash Accounts Receivable Supplies Prepaid Insurance Income Statement Balance Sheet Debit Credit Debit Credit Delivery Equipment Accum. Depr-Delivery Equip. Accounts Payable Wages Payable Carlos Perez, Capital Carlos Perez. Drawing Delivery Fees Wages Expense Rent Expense 880 1.100 5,400 11,000 1,500 1,200 800 5,000 1.500 400 900 1.400 15,600 D

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1 Income Statement For the Month Ended January 31 20 Delivery Fees 15600 Wages Expense 880 Rent Expe... View the full answer