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Financial Statements Diane Bernick opened Bernick's Consulting. Transactions for the month of January and trial balance at January 31 are shown. Jan. 1 Bernick invested

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Financial Statements Diane Bernick opened Bernick's Consulting. Transactions for the month of January and trial balance at January 31 are shown. Jan. 1 Bernick invested cash in the business, $13,000. 2 Paid office rent, $800. 3 Purchased office equipment on account, $1,200. 5 Received cash for services rendered, $1,000. 8 Paid phone bill, 560 . 10 Paid for a magazine subscription (miscellaneous expense), $30. 11 Purchased office supplies on account, $250. 15 Made a payment on account (see Jan. 3 transaction), $250. 18 Paid part-time employee, $500. 21 Received cash for services rendered, 5800 . 25 Paid utilities bill, $125. 27 Bernick withdrew cash for personal use, 5450. 29 Poid part-time employee, $500. 2. Prepare a statement of owner's equity. 3. Prepare a balance sheet. 1. Prepare an income statement. Bernick's Consulting Income Statement For Month Ended January 31, 20

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