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a company needs to prepare an income statement, owner's equity statement, and balance sheet. the amounts on the assets section are cash 25200, account receivable
a company needs to prepare an income statement, owner's equity statement, and balance sheet. the amounts on the assets section are cash 25200, account receivable 6900 salary expense 107600 phone expense 2500 rent expense 6210 supplies 2000 withdraws 10100 prepaid insurance 5420 equipment 10000 supplies expense 8000 depreciation expense 2000 prepaid insurance expense 1000 . the liabilities are unearned revenue 2550 revenue 86045 account payable 5000 notes payable 20000 accumulated equipment 4000 capital 68435 salary payable 900
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