Question: Refer to Problem 2-48B. After completing the trial balance in Problem 2-48B, prepare the following financial statements for Vince Smith, Attorney, P.C.: Requirements 1. Income
Refer to Problem 2-48B. After completing the trial balance in Problem 2-48B, prepare the following financial statements for Vince Smith, Attorney, P.C.:
Requirements
1. Income statement for the month ended April 30, 2012.
2. Statement of retained earnings for the month ended April 30, 2012. The beginning balance of retained earnings was $0.
3. Balance sheet at April 30, 2012.
Step by Step Solution
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