Question
LE LABO company has following information listed below for the month of September,2020 Retained earnings, September 1 Share capital ordinary 24,000 Accounts payable 60,000 Equipment
LE LABO company has following information listed below for the month of September,2020 Retained earnings, September 1
Share capital ordinary 24,000
Accounts payable 60,000
Equipment 10,000
Unearned Rent 54,000
Revenue 4,000
Service revenue 48,000
Dividends 12,000
Supplies expense 7,000
Cash 16,000
Prepare (a) an income statement,
(b) a retained earnings statement, and
(c) a statement of financial position for LE LABO company
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Managerial Accounting
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