From the following trial balance of Halls Cleaners, prepare the following: Income statement Statement of owners equity

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From the following trial balance of Hall€™s Cleaners, prepare the following:
—† Income statement
—† Statement of owner€™s equity
—† Balance sheet
HALL€™S CLEANERS
TRIAL BALANCE
JULY 31, 2013

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College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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Question Posted: Feb 23, 2016 05:53 AM

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From the following trial balance of Halls Cleaners, prepare the following: Income statement Statement of owners equity

Question:

Dr. Cr. Cash Equipment Accounts Payable J. Hall, Capital J. Hall, Withdrawals Cleaning Fees Salaries Expense Utilities Expense 55000 69200 45500 80000 19800 45800 16000 11300 Totals 171300 171300

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HALLS CLEANERS INCOME STATEMENT FOR THE MONTH ENDED JULY 31 2013 ...View the full answer

College Accounting A Practical Approach

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