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7. Please prepare spreadsheet and income statements. Jenny Bee of Alberta began a new business called Jenny's Spa a month ago. The following transactions

 

7. Please prepare spreadsheet and income statements. Jenny Bee of Alberta began a new business called Jenny's Spa a month ago. The following transactions resulted: - (20 marks) April 2019 Apr 10h -Jenny invested $16,000 Cash from her personal account into the salon. Apr 15-Bought $3,000 worth of Equipment. Jenny Paid $2,000 during purchased and the rest to be paid in near future. Apr 20h -Received Cash $85 for pedicure service. Apr 23d -Received Cash $250 for full mani-pedicure service. Apr 29th -Purchased additional equipment on account, $1000. (You should now prepare your balance sheet for April 2019)

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