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Let's say you start a small business called XYZ Consulting Services on January 1 , 2 0 2 4 . You invest $ 1
Let's say you start a small business called XYZ Consulting Services" on January You invest $ of your own money into the business bank account to get started. You then purchase office equipment for $ and office supplies for $ You also sign a oneyear lease for office space, paying $ per month.
Throughout the month of January, you provide consulting services to clients and generate $ in revenue. However, you also incur expenses such as utilities $ internet $ and advertising $
At the end of January, you need to calculate your net income and prepare a basic income statement and balance sheet
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