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Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1. On December 31, Metrix hows the following selected accounts
Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1. On December 31, Metrix hows the following selected accounts and amounts for the month of December. Required: 1. Prepare a December income statement for the business. 2. Prepare a December statement of owner's equity. The A. Lopez, Capital account balance at December 1 was $0, and the owner invested $14,000 cash in the company on December 2 . 3. Prepare a December 31 balance sheet. Hint: Use the A. Lopez, Capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare a December statement of owner's equity. The A. Lopez, Capital account balance at December 1 was $0, and the owner invested $14,000 cash in the company on December 2 . Complete this question by entering your answers in the tabs below. Prepare a December 31 balance sheet. Hint: Use the A. Lopez, Capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Prepare a December income statement for the business
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