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E3-34A (similar to) Question Help On October 1, 2010, Computer Consulting, Inc. was formed when the owners contributed $55,000 cash to the business in exchange
E3-34A (similar to) Question Help On October 1, 2010, Computer Consulting, Inc. was formed when the owners contributed $55,000 cash to the business in exchange for common stock. On November 1, 2010, the company paid $36,000 cash to rent office space for the coming year. The consulting services generated $77,000 of cash revenue during 2010. Prepare an income statement, statement of changes in shareholders' equity, and statement of cash flows for the 3 months ended December 31, 2010, and a balance sheet at December 31, 2010. Prepare the income statement for the 3 months ended December 31, 2010. Begin by selecting the heading. Then complete the income statement
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