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2 Graded ces request.par Document29.docx Seved Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March
2 Graded ces request.par Document29.docx Seved Angela Lopez owns and manages a consulting firm called Metrix, which began operations on March 1. On March 31, the company's records show the following accounts and amounts for the month of March. Equipment $13,500 office supplies $3,400 Salaries expense 4,900 Rental revenue 2,400 Consulting revenue 21,500 Advertising expense 780 Cash 11,000 Prepaid insurance i 2,900 Utilities expense 580 Accounts payable 7,380 Note payable 4.300 Note receivable 4,400 Accounts receivable 5,400 Bent expense 3,900 A. Lopez, Withdrawals 3,900 Unearned revenue 6801 Required: 1. Prepare a March income statement for the business. 2. Prepare a March statement of owner's equity. The owner's capital account balance at February 28 was $0, and the owner invested $19,200 cash in the company on March 1 3. Prepare a March 31 balance sheet. Hint: Use the owner's capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare a March income statement for the business. METRIX Income Statement < Prev 7 of 7 Next > Chapter 2 Graded Sever 24 points 7 1. Prepare a March income statement for the business 2. Prepare a March statement of owner's equity. The owner's capital account balance at February 28 was $0, and the owner invested $19,200 cash in the company on March 1. 3. Prepare a March 31 balance sheet. Hint: Use the owner's capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. ebook Print References Required 1 Required 2 Required 3 Prepare a March income statement for the business. METRIX Income Statement
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