From the information given below, prepare a November income statement, a November statement of owners equity, and a November 30 balance sheet On November 1 of the current year, Lois Bell began Lois Bell, Interior Design with an initial investment of $50,000 cash On November 30, her records showed the following (alphabetically arranged) items and amounts Accounts payable $12,000 Office furnishings $40,000 Accounts receivable 23,000 Owner's withdrawals 6,000 Cash 17,200 Rent expense 3,600 Fees earned (same as Revenue earned) 30,000 Salaries expense 6,200 Notes payable 4,250 Telephone expense 250 3 From the information given below, prepare a November income statement, a November statement of owner's equity, and a November 30 balance sheet On November 1 of the current year, Lois Bell began Lois Bell, Interior Design with an initial investment of $50,000 cash On November 30, her records showed the following (alphabetically arranged) items and amounts Accounts payable Accounts receivable Cash Fees earned (same as Revenue earned) Notes payable $12,000 Office furnishings 23,000 Owner's withdrawals 17,200 Rent expense $40,000 6,000 3,6001 30,000 Salaries expense 4,250 Telephone expense 6,200 250

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From the information given below, prepare a November income statement, a November statement of owners equity, and a November 30 balance sheet . On November

From the information given below, prepare a November income statement, a November statement of owners equity, and a November 30 balance sheet. On November 1 of the current year, Lois Bell began Lois Bell, Interior Design with an initial investment of $50,000 cash. On November 30, her records showed the following (alphabetically arranged) items and amounts.

Accounts payable.	$12,000	Office furnishings..	$40,000
Accounts receivable.	23,000	Owner's withdrawals.	6,000
Cash	17,200	Rent expense	3,600
Fees earned (same as Revenue earned).	30,000	Salaries expense.	6,200
Notes payable	4,250	Telephone expense.	250

3. From the information given below, prepare a November income statement, a November statement of owner's equity, and a November 30 balance sheet. On November 1 of the current year, Lois Bell began Lois Bell, Interior Design with an initial investment of $50,000 cash. On November 30, her records showed the following (alphabetically arranged) items and amounts. Accounts payable..... Accounts receivable... Cash........ Fees earned (same as Revenue earned).......... Notes payable... $12,000 Office furnishings...... 23,000 Owner's withdrawals... 17,200 Rent expense... $40,000 6,000 3,6001 30,000 Salaries expense......... 4,250 Telephone expense...... 6,200 250