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Johann White, owner of White Home Decorating Service, has requested that you prepare from the following balances (a) an income statement for November 201X, (b)
Johann White, owner of White Home Decorating Service, has requested that you prepare from the following balances (a) an income statement for November 201X, (b) a statement of owners equity for November, and (c) a balance sheet as of November 30, 201X.
Cash $2,500
Accounts Receivable 400
Decorating Equipment 855
Accounts Payable 720
J. White, Capital, Nov. 1, 201X 1,805
J. White, Withdrawals 700
Home Decorating Fees $ 2,600
Advertising Expenses 145
Repair Expense 55
Travel Expense 110
Supplies Expense 135
Rent Expense 225
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