Question: please do the financial statement. thanks 7. Prepare Financial Statements. Transaction Yr: External Entries included in Trial Ref: 2018 Balance Dan Evans invests (contributes) $20,000
7. Prepare Financial Statements. Transaction Yr: External Entries included in Trial Ref: 2018 Balance Dan Evans invests (contributes) $20,000 cash and $2,000 of supplies in "business: Evans Consulting. 2- Evans pays seven month's rent in B Jun advance totaling $8,500 Ck # 101 10- Evans provides services of $20,000 on Jun account to a customer, Aatrix Corp. D 11- Evans purchases equipment for Jun $28,800 with Check # 102 for $13,000 with the balance "on account" payable from Home Depot Iny #27487 Useful life of the equipment is 5 years. $4,000 salvage value. 16- Evans collects $5,000 of the Accounts Jun Receivable from Aatrix Corp. 18- Dan Evans takes a $2,500 draw Ck # Jun 103 Evans purchased office supplies for $2,000 Inv# 12345 Ck #104 from Office Depot Adjusting Entries 30- Jun June Rent Used 30- Equipment depreciated for one Jun month. 30- Took physical Inventory of Supplies Jun totalling $4,000 Closing Entries See page 161 27e Remember
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