Friday, February 19, 2021

Complete the financial statements that follow by determining the amounts that correspond to the letters

Complete the financial statements that follow by determining the amounts that correspond to 

the letters. ( Assume No new investments by owners.)


Income statement

Revenues $11,100

Expenses         (a)

Net income (b)


Statement of owner's equity

beginning balance             $29,000

Net income             (c)

Less withdrawals          2,000

Ending balance $30,000


Solution step by step watch : https://youtu.be/2No_Ey1bg2Q

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