Question: Perserverance Life Coaching began operations on January 1 , 2 0 2 3 , as a sole proprietorship. As of December 3 1 , 2

Perserverance Life Coaching began operations on January 1,2023, as a sole proprietorship. As of
December 31,2023, the business had the following account balances:
REQUIREMENTS: PREPARE FINANCIAL STATEMENTS
Perserverance Life Coaching
Income Statement
For the year ended December 31,2023
Perserverance Life Coaching
Statement of Owner's Equity
For the year ended December 31,2023
Perserverance Life Coaching
Balance Sheet
December 31,2023
Perserverance Life Coaching began operations on January 1,2023, as a sole

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