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1 Prepare the Statement of Owners Equity for Company BGE, this is for the Month Ending October 31, 2019 You have been provided the following
1 | Prepare the Statement of Owners Equity for Company BGE, | |||||
this is for the Month Ending October 31, 2019 | ||||||
You have been provided the following information: | ||||||
Net income (Month of October) | $ 27,500 | |||||
Cash | $ 5,800 | |||||
Drawing | $ 1,600 | |||||
Capital Beginning | $ 79,200 | |||||
Accounts Receivable | $ 4,300 | |||||
Salary Payable | $ 2,100 | |||||
2 | Using the following accounts prepare the Classified Balance | |||||
Sheet for Company KRG for Feb 28, 2019 | ||||||
Salary payable | $ 4,300 | |||||
Cash | $ 26,500 | |||||
Capital | $ 32,500 | |||||
Accounts Receivable | $ 23,400 | |||||
Unearned Revenue | $ 4,600 | |||||
Supplies | $ 5,800 | |||||
Notes Payable (Due June 1, 2019) | $ 22,400 | |||||
Equipment | $ 44,000 | |||||
Accounts Payable | $ 7,200 | |||||
Accumulated Depreciation | $2,200 | |||||
Notes Payable (Due May 2021) | $26,500 |
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