Jay Pembroke started a business in April. Prepare a Statement of Owner's Equity using the following balances
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Question:
Jay Pembroke started a business in April. Prepare a Statement of Owner's Equity using the following balances for April transactions.
Cash | $13,757 |
Accounts Receivable | 1,989 |
Office Supplies | 4,590 |
Prepaid Insurance | 1,373 |
Accounts Payable | 261 |
Jay Pembroke, Capital | 19,053 |
Jay Pembroke, Drawing | 131 |
Service Fees | 3,326 |
Rent Expense | 800 |
You will need to calculate the net income for April.
Related Book For
Horngrens Accounting
ISBN: 978-0133866889
11th edition
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
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