Question: This work totals 32 points =100%. Please refer to your course outline to see the rubric that will be used to grade this assignment. im

This work totals 32 points =100%. Please refer to your course outline to see the rubric that will be used to grade this assignment. im Smith opened D'Style Salon \& Spa on Feb 1, 2022. Kim used the accounting equation orksheet to keep track of her transactions for the month. Istructions: 1. Based on the accounting equation worksheet provided, choose any three letters from (b) to and based on the effect on the accounting equation, write the 3 business transactions that occurred during the month, based on the letter you chose. Correct spelling is important ( 3 pts) Example a. Kim Smith invested $12,000 to start her new business, D'Style Salon \& Spa. 2. Using the final balances of the accounting worksheet (balances in bold), prepare the following financial statements: a. an income statement (7 pts) b. a statement of owner's equity ( 5 pts) c. a balance sheet (7 pts) d. a statement of cash flows (10 pts) (remember to focus on the cash column of the transaction analysis)
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