The following information relates to Jake Peavy Co. for the year 2012. InstructionsAfter analyzing the data, prepare

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The following information relates to Jake Peavy Co. for the year 2012.

InstructionsAfter analyzing the data, prepare an income statement and an owner?s equity statement for the year ending December 31, 2012.

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Oct 24, 2011 07:36 AM

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The following information relates to Jake Peavy Co. for the year 2012. InstructionsAfter analyzing the data, prepare

Question:

Owner's capital, January 1, 2012 Owner's drawings during 2012 Service revenue Advertising expense Rent expense Utilities expense $ 1,800 10,400 3,100 $48,000 6,000 63,600 29,500 Salaries and wages expense

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JAKE PEAVY CO Income Statement For the Year Ended December 31 2012 Revenues Service reven...View the full answer

Accounting Principles

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