Refer to the trial balance prepared for Kiersted Financial Services in P2-6B, part (c). Instructions (a) Prepare

Question:

Refer to the trial balance prepared for Kiersted Financial Services in P2-6B, part (c).

Instructions

(a) Prepare an income statement.

(b) Prepare a statement of owner's equity.

TAKING IT FURTHER

Discuss how well the company did in its first month of operations.

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Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: May 16, 2017 09:51 AM

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Refer to the trial balance prepared for Kiersted Financial Services in P2-6B, part (c). Instructions (a) Prepare

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a KIERSTED FINANCIAL SERVICES Income Statement Month Ended November 30 2017 Revenues Service revenue ...View the full answer

Accounting Principles

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