Question
Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month just ended March 31, 2 Account Accounts payable
Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month just ended March 31, 2 Account Accounts payable Debit Credit Accounts receivable Cash Equipment Interest expense Francois Laneuv, capital Francois Laneuv, withdrawals Notes payable Prepaid insurance Salaries expense Service revenue Unearned service revenue Totals $ 550 $ 2,000 550 750 10 2,100 1,550 1,150 350 850 1,750 510 $ 6,060 $6,060 Required: Use the information provided to complete an income statement, statement of changes in equity, and balance sheet. CYCLE TRAVEL TOURS Income Statement For Month Ended March 31, 2023 Revenues Operating expenses
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Fundamental Accounting Principles Volume 1
Authors: Kermit D. Larson, Heidi Dieckmann, John Harris
17th Canadian Edition
1260881326, 9781260881325
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