Data for Espresso Health Care for July are provided in Problems 3-1 and 3-2. Instructions Prepare an

Question:

Data for Espresso Health Care for July are provided in Problems 3-1 and 3-2.
Instructions
Prepare an income statement, retained earnings statement, and a classified for July. The notes payable is due in 2015.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...