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Ainat [17]
2 years ago
14

From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month

of May of the current year.
Cash

$12,000



Accounts Receivable

16,000



Supplies

350



Equipment

16,500



Notes Payable



$13,000

Accounts Payable



12,000

S. Jones, Capital



18,000

S. Jones, Drawing

550



Service Revenue



6,000

Telephone Expense

350



Rent Expense

1,100



Advertising Expense

2,150





$49,000

$49,000
Business
2 answers:
Anettt [7]2 years ago
6 0

Answer:

I found answer for this at this website

Explanation:

https://gotit-pro.com/from-the-following-information-please-prepare-an-income-statement-statement-of-owners-equity-and-balance-sheet-for-the-month-of-may-of-the-current-year

lisov135 [29]2 years ago
3 0

Answer:35,000

Explanation:

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