Required:

Set up appropriate T$-$accounts. All accounts begin with zero balances.

Record in the T$-$accounts the effects of each transaction for Alpine Stables in April, referencing each transaction in the accounts with the transaction letter. Show the ending balances in the T$-$accounts.

Prepare a statement of earnings for the year ended April $30,2023,$ as well as a classified statement of financial position as at April $30,2023.$

Write a short memo to the five owners, offering your opinion on the results of operations during the first month of business.

After three years in business, you are being evaluated for a promotion to chief financial officer. One measure is how efficiently you managed the assets of the business. The following data are available:

$\backslash$table$[[,{2025}^{**},2024,2023$