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Did I do this correctly? Instructions: Create an income statement and Statement of Changes in Owner's Equity information given in the table below White's Beginning
Did I do this correctly? Instructions: Create an income statement and Statement of Changes in Owner's Equity information given in the table below White's Beginning Capital White's Withdrawals 500 500 $900 100 Fees Revenue dvertising Expenses fiscellaneous Expenses t Expenses Utilities Expenses Additional Owner Investment S150 s15 $500 1 Part 1: Create an Income Statement: Income Statement Example Rainbow manufacturing unit For the month ended March 31,2006 Sale of geeds ,000 Total Expenses 4.500 White's Retail Shop Income Statement For the month ended January 31, 2013 Revenue: whttes Begunninq Capta Fees ovntr Jnvestmert 1500 Expenses: Advertising Expens 5100 Miscelloneous Epen ses saoo Rent Expenses hlhes Bxpenses 5160 Total Expenses: Net Incom Tolal 6xpensess Write either Net Income or Net Loss on this line based on the following: Revenue higher than Total Expenses-write Net Income . Revenue lower than Total Expenses-write Net Loss
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