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Erika Koch is preparing her balance sheet and income statement for the month ended November 30,2021 . Use the following intormation to help her prepare
Erika Koch is preparing her balance sheet and income statement for the month ended November 30,2021 . Use the following intormation to help her prepare her financial statements. Tha fallmivinn transantinns ncicurted during the month of November. SHAWE AMEENGAGE 2. Rurcnasea a new nome computer wortn $1, tuu using a creort cara 3. Paid credit card bill with $3,100cash. 4. Paid utility bills of $1,100 for the month of November using a credit card. 5. Purchased groceries and food for $4,400 using cash. 6. Made a principal payment of $1,400 on the automobile loan. 7. Paid November's rent of $1,500 with cash. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a deficit. The T-Account fields are labeled by transaction number Record each transaction by entering the value into the corresponding T-Account field. Required a) Using the information provided, record the opening balances in the T-accounts. b) Record the transactions for the month of November in the T-occounts. Personal Balance Sheet As at November 30,2021 \begin{tabular}{|c|c|c|c|} \hline Assets (what we OWN) & Liabilities (what we oWE) \\ \hline Increase & Decrease & Decrease \\ \hline \end{tabular}
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