The last four columns of a company's worksheet for the month ended October 31, 2019, are...
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The last four columns of a company's worksheet for the month ended October 31, 2019, are shown below. The owner made no additional investments during the month. INCOME STATEMENT BALANCE SHEET DEBIT 10,700 14,400 7,200 33,400 ACCOUNT NAME DEBIT CREDIT CREDIT Cash Accounts Receivable Supplies Equipment Accum. Depr.-Equip. Accounts Payable Ashleigh Lorado, Capital Ashleigh Lorado, Drawing 9,700 9,850 40,500 3,700 Fees Income 31,800 Salaries Expense 15,600 Rent Expense Supplies Expense Depr. Exp.-Equip. Totals 2,700 1,450 2,700 60,050 9,350 22,450 31,800 69,400 Net Income 9,350 31,800 31,800 69,400 69,400 Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Income Owners Equity Balance Sheet Statement Prepare an income statement for the Lorado Insurance Agency for the month ended October 31, 2019. LORADO INSURANCE AGENCY Income Statement Month Ended October 31, 2019 Revenue Expenses Total expenses < Income Statement Owners Equity > Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Income Owners Equity Balance Sheet Statement Prepare a statement of owner's equity for the Lorado Insurance Agency for the month ended October 31, 2019. LORADO INSURANCE AGENCY Statement of Owner's Equity Month Ended October 31, 2019 $ < Income Statement Balance Sheet > Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Income Owners Equity Balance Sheet Statement Prepare a balance sheet for the Lorado Insurance Agency as of October 31, 2019. (Be sure to list the accounts in order of their liquidity.) LORADO INSURANCE AGENCY Balance Sheet October 31, 2019 Assets Total Assets Liabilities and Owner's Equity Liabilities $ Owner's Equity Total Liabilities and Owner's Equity $ < Owners Equity Balance Sheet > %24 The last four columns of a company's worksheet for the month ended October 31, 2019, are shown below. The owner made no additional investments during the month. INCOME STATEMENT BALANCE SHEET DEBIT 10,700 14,400 7,200 33,400 ACCOUNT NAME DEBIT CREDIT CREDIT Cash Accounts Receivable Supplies Equipment Accum. Depr.-Equip. Accounts Payable Ashleigh Lorado, Capital Ashleigh Lorado, Drawing 9,700 9,850 40,500 3,700 Fees Income 31,800 Salaries Expense 15,600 Rent Expense Supplies Expense Depr. Exp.-Equip. Totals 2,700 1,450 2,700 60,050 9,350 22,450 31,800 69,400 Net Income 9,350 31,800 31,800 69,400 69,400 Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Income Owners Equity Balance Sheet Statement Prepare an income statement for the Lorado Insurance Agency for the month ended October 31, 2019. LORADO INSURANCE AGENCY Income Statement Month Ended October 31, 2019 Revenue Expenses Total expenses < Income Statement Owners Equity > Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Income Owners Equity Balance Sheet Statement Prepare a statement of owner's equity for the Lorado Insurance Agency for the month ended October 31, 2019. LORADO INSURANCE AGENCY Statement of Owner's Equity Month Ended October 31, 2019 $ < Income Statement Balance Sheet > Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Income Owners Equity Balance Sheet Statement Prepare a balance sheet for the Lorado Insurance Agency as of October 31, 2019. (Be sure to list the accounts in order of their liquidity.) LORADO INSURANCE AGENCY Balance Sheet October 31, 2019 Assets Total Assets Liabilities and Owner's Equity Liabilities $ Owner's Equity Total Liabilities and Owner's Equity $ < Owners Equity Balance Sheet > %24
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LORADO INSURANCE AGENCY Income Statement Month Ended October 312019 Revenue F... View the full answer
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118096895
6th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Posted Date:
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