The Golda Bear items listed below for the month of September, 2016.

Owner’s Capital, September 1               $47,000
Accounts payable                                        7,000
Equipment                                                  35,000
Service revenue                                         28,000
Owner’s Drawings                                       6,000
Insurance expense                                     4,500
Cash                                                              3,000
Utilities expense                                           700
Supplies                                                      4,800
Salaries and wages expense                   9,000
Accounts receivable                               14,000
Rent expense                                            5,000

Answer the following questions.

Prepare an income statement for the acupuncture practice of Golda Bear. 

1). September 30th.
2). For the month ended September 30th.
3). For the Year ending September 30th.

Answer rating: 100% (QA)

Income statement For the month end of September Parti... View the full answer