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32%. 8:54 PM O :om/Student/Playe: This Question: 1 pt 2o33 comp eti Harrahs Styling Inc, was started when its owners invested s24000 in th 1, 2011. The cash received by the company was immediately use which had no residual value and an expected useful life of three ye during 2011 and had cash expenses of 5250. Prepare an income equity, and statement of cash flows for the year ended December Prepare an income statement, statement of changes in sharehol ended December 31, 2011, and a balance sheet at December 31, First, prepare the income statement. Begin by selecting the headi parentheses or a minus sign for net losses.) Harrahs Styling Inc. Income Statement For the year ended December 31,2011 Revenues Cash expenses Depreclatlon expense Net Income (lass) 4500 5250 45 Prepare a statement of shareholders' equity for the month ended Enter the headings for the statement of shareholders' equity and minus sign for amounts to be subtracted. Leave unused cells bl Harrah's Styling Inc. Statement of Changes in Shareholders' Equity For the year ended December 31,201 Beginning common stock Contributons during the yea Net Income oss Ending balance 24DD 4750 28750 Reginnig relaid earrings 32%. 8:54 PM O :om/Student/Playe: This Question: 1 pt 2o33 comp eti Harrahs Styling Inc, was started when its owners invested s24000 in th 1, 2011. The cash received by the company was immediately use which had no residual value and an expected useful life of three ye during 2011 and had cash expenses of 5250. Prepare an income equity, and statement of cash flows for the year ended December Prepare an income statement, statement of changes in sharehol ended December 31, 2011, and a balance sheet at December 31, First, prepare the income statement. Begin by selecting the headi parentheses or a minus sign for net losses.) Harrahs Styling Inc. Income Statement For the year ended December 31,2011 Revenues Cash expenses Depreclatlon expense Net Income (lass) 4500 5250 45 Prepare a statement of shareholders' equity for the month ended Enter the headings for the statement of shareholders' equity and minus sign for amounts to be subtracted. Leave unused cells bl Harrah's Styling Inc. Statement of Changes in Shareholders' Equity For the year ended December 31,201 Beginning common stock Contributons during the yea Net Income oss Ending balance 24DD 4750 28750 Reginnig relaid earrings