Question: Review View Help E 21 d 1 Normal 1 No Spac... Heading 1 Heading 2 Subt Title Paragraph Styles 2) From the information given below,

 Review View Help E 21 d 1 Normal 1 No Spac...
Heading 1 Heading 2 Subt Title Paragraph Styles 2) From the information

Review View Help E 21 d 1 Normal 1 No Spac... Heading 1 Heading 2 Subt Title Paragraph Styles 2) From the information given below, prepare a November income statement, a November statement of owner's equity, and a November 30 balance sheet. On November 1 of the current year, Victoria Garza began Garza Dcor with an initial investment of $50,000 cash. On November 30, her records showed the following (alphabetically arranged) items and amounts. Use the table below to input your responses. Accounts payable... $12,000 Office furnishings........... $40,000 Accounts receivable. 19.000 Owner's withdrawals....... 6,000 Cash. 21,200 Rent expense. 9,600 Fees eamed. 34.000 Salaries expense. 4,200 Notes payable. 4,250 Telephone expense. 250 I Answer: GARZA DCOR Income Statement For Month Ended November 30 Revenue: Operating expenses: Net income BA e A 21 AaBbCcDd AaBbCcDd AaBb C AaBbcc AaB Aa 1 Normal 1 No Spac... Heading 1 Heading 2 Title Styles Paragraph GARZA DCOR Statement of Owner's Equity For Month Ended November 30 so V. Garza, Capital, November 1 Plus: Investments by owner. Net income Less withdrawals by owner. V. Garza, Capital, November 30.. GARZA DECOR Balance Sheet November 30 Assets Liabilities Equity Total assets. Total liabilities and equity. e E

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