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= Homework: Chap... Question 3, E4-4A (Similar... Part 1 of 7 > HW Score: 2.69%, 1.56 of 58 points O Points: 0 of 26 Save
= Homework: Chap... Question 3, E4-4A (Similar... Part 1 of 7 > HW Score: 2.69%, 1.56 of 58 points O Points: 0 of 26 Save Consider the following worksheet for J. Tull as of August 31, 2023. E: (Click the icon to view the worksheet.) a From the completed worksheet, prepare the following: An income statement for August b. A statement of owner's equity for August c. A balance sheet as of August 31, 2023 Requirement a. Prepare an income statement for August Begin by preparing the heading, and then complete the income statement. (Use parentheses or a minus sign for a negative net income.) Worksheet J. Tull Worksheet For the Month Ended August 31, 2023 Adjustments Adjusted Trial Balance Debit Credit Debit Credit Trial Balance Income Statement Balance Sheet Account Titles Debit Credit Debit Credit Debit Credit Cash 22 22 22 Accounts Receivable 7 7 7 9 6 3 3 16 9 7 7 27 27 27 Prepaid Insurance Store Supplies Store Equipment Accumulated Depr., Equip. Accounts Payable J. Tull, Capital J. Tull, Withdrawals 2 8 10 10 9 9 9 33 33 33 2 2 2 Revenue from Clients 52 52 52 Rent Expense 8 8 8 5 Wage Expense 8 13 13 96 96 8 8 8 6 6 6 Depr. Expense, Equip. Insurance Expense Store Supplies Expense Wages Payable 9 9 9 8 8 8 31 31 112 112 Total 44 52 68 60 8 8 Net Income 52 52 68 68 Print Done
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