The following account balances are for William Giese, Certified Public Accountant, as of April 30, 2019. Cash
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Question:
The following account balances are for William Giese, Certified Public Accountant, as of April 30, 2019.
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Cash | $ | 60,000 |
Accounts Receivable | | 24,000 |
Maintenance Expense | | 9,200 |
Advertising Expense | | 7,780 |
Fees Earned | | 53,600 |
William Giese, Capital, April 1 | | ? |
Salaries Expense | | 26,000 |
Machinery | | 42,000 |
Accounts Payable | | 26,400 |
William Giese, Withdrawals for April | | 13,600 |
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Required:
Determine the balance for William Giese, Capital, April 1, 2019. Prepare an income statement for the month of April, a statement of owner’s equity, and a balance sheet as of April 30, 2019.
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
4th edition
Authors: David Haddock, John Price, Michael Farina
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