Use the facts in Exercise 1-8 to prepare a November statement of changes in equity for The
Question:
In exercise 1-10
Analysis Component: What activities caused equity to increase during the month of November 2014?
Transcribed Image Text:
16,000 Owner's withdrawals 3,360 ... 22,000 Consulting fees earned Accounts receivable.. 17,000 5,000 Rent expense. Automobiles.36,000 Salaries expens Office equipment. 25,250 Accounts payable.... 6,000 1,680 660 Telephone expense.. ....7 7,500 Utilities expenses. 84,000
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Analysis component The owner Jean Higgins invested 84000 of assets duri...View the full answer
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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