Refer to the trial balance of Harold's Home Repair in Problem 3-13A to determine the following information.
Question:
Refer to the trial balance of Harold's Home Repair in Problem 3-13A to determine the following information. Use the format provided below.
1. a. Total revenue for the month _________
b. Total expenses for the month_________
c. Net income for the month _________
2. a. Harold Long's original investment _________
in the business
+ Net income for the month _________
– Owner's drawing _________
Increase (decrease) in capital _________
= Ending owner's equity_________
b. End of month accountingequation:
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