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journal entry for 1, statements for 2 and 3 1/4 Chapters 1-4 Month of March Date 1st Invested 100,000 in cash into Alphabet Soup LP
journal entry for 1, statements for 2 and 3
1/4 Chapters 1-4 Month of March Date 1st Invested 100,000 in cash into Alphabet Soup LP 2nd Purchased a work truck for 6,000 in cash and 4,000 on credit due in 20 days. 3rd Purchased soup delivery business 15,000. 4th Paid Insurance for the Soup delivery business for 12 months for 1,200 5th Sent out soup collections for month of September totaling 18,000 12th Paid off the work truck 14th Paid yourself 2,000 for hard work or hardly working you choose. 16th Received Payment from 6 of the eight business deliveries for 16,000 18th Paid the Cable, Gas and Electrical Bills totaling 1,000 (hint: Utilities Expense) 20th Received the rest of the rentals payments of 2,000. Please perform the entries listed for Alphabet Soup LP. Debit/Credit 2. Build an Income Statement for Alphabet Soup LP. 3. Close the Income Statement to Owner's Equity (Use Income Summary)Step by Step Solution
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