Question: Save mework: Week 3 Assignment due Jan 31, 1159pm, chapter 1, S e: 0 of 1 pt 5 of compito) HW Score: 5,82%, 0.35 of

 Save mework: Week 3 Assignment due Jan 31, 1159pm, chapter 1,
S e: 0 of 1 pt 5 of compito) HW Score: 5,82%,

Save mework: Week 3 Assignment due Jan 31, 1159pm, chapter 1, S e: 0 of 1 pt 5 of compito) HW Score: 5,82%, 0.35 of 6 pt 4-46A (similar to) Question Help on Stone rechtly ered his own accounting firm on April 1, wtich he coerates as a solo proprietorship. The name of the new entity is Aaron Stone, CPA Shono experienced the following events during the phase of new business and first month of contations in 2024 Sick the icon to wow the transcono) od roprement 1. And you to each of the rate on the accounting equation of the sole proprietorship of Aston Shore, CP Une the following accounts Conhe Accounts Pecevable, Office Spole, Furniture curta Pytle: Show Cathore Withdrawal Device Rover Rand Expose and the Expo lyre le vent locally transaction at a time beginning with the transaction on the 5th. For each transaction that follows the transaction on the Sth, calculate the balance in each account for sayang select on the accounting in Alor calculating the andre balans och account on the 30th calculate foals and totallaties and culty (Complete only the necessary answer boxes to you in tres (Do not let anyone for your transaction in Carty down all langes to the Bal.ine, duino 200 balance accounts, entong av for any zero baloncesto decrease in and with autores Abention AP a Accord Payable Arcounts Receivable Car Shoe Capital:Exo. Expos Fun FutureLab Lies Rev Tove Sup Supplies We Shore With ASSETS UAB EQUITY Cap With Exp AH wanted to and in Chen 13 CA Check Answer Tyne bretonsentich 1-46A (similar to) Question Help More into name of the new entity is Aaron Short, CPA Shone experinced the following events duri Requirements Apr. 5 Shone daposted 540,000 in a new business bank accounted Aaron Shone, CPA The buongio capital to Shone pre Paid $450 cash for withood walionery for new office Apr 7 Purchase office fumiture for the account, 55.000 Apt. 10 consulted with a dierondeolved $3,000 for services conced, Apr 11 Parties $200 Apt. 12 hours on behatol a chiot and suttitted a bal for conting servico 512,600 Apr. 11 Porn 35.100 Apt od amount o tom chemat was bited on April 12 Apr 27 Paid tot scoutspeeded on April Apt. 10 Windowshof.000 1. Analyze the effects of the events on the accounting equation of Aaron Shono, CPA Use the following accounts: Cash, Accounts Receivable: Office Supplies Furniture Accounts Payable: none, capital Shone, Withdrawals: Service Revenue, Rint Expenso, id Unii Expert 2. Prepare the following financial statements a. Income statement for the month onded April 30, 2024 b. woment of owners uity for the month onded April 30, 2024 c. Bila sheets of Art 30, 2024 Print Done Print Cone

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!