Need help, please. Please fill answers in cells.

Take another look at the Demonstration Problem for Kenny Young's "Home and Away Inspections." answer the phone and help with inspections. The transactions for the month of September and income statement for the month are shown. a. On the first day of the month, Young invested cash by making a deposit in a bank account for the business, $15,000. b. Paid rent for September, $300. c. Bought a used truck for cash, $8,000. d. Purchased tools on account from Crafty Tools, $3,000. e. Paid electricity bili, $50. f. Paid two-year premium for liability insurance on truck, $600. g. Received cash from clients for services performed, $2,000. h. Paid part-time assistant (wages) for first half of month, $200. i. Performed inspection services for dients on account, $1,000. j. Paid phone bili, $35. k. Bought office supplies costing $300. Paid $100 cash and will pay the balance next month, $200. 1. Received cash from clients for inspections perfomed on account in (i), $300. m. Paid part-time assistant (wages) for last half of month, $250. n. Made partial payment on tools bought in (d), $1,000. o. Eamed additional revenues amounting to $2,000:51,400 in cash and $600 on account. p. Young withdrew cash at the end of the month for personal expenses, $500. penod was $4,165. Compare the income statement to the cash receipts and payments schedule. Are these measures different? Which of the following provides a better measure of profitability? show you her performance for the most recent month. She prepared the following income statement and balance sheet: no liablities, and made no additional investments in the business in August, you agree. Required: 1. Prepare the statement of owner's equity for your friend's most recent month. 2. What suggestions might you give to Chris that would make her income statement more useful? Statement of Owner's Equity 2. What suggestions might you give to Chnis that would make her income siatement more useful? 1. Prepare the statement of owner's equity for your fnend's most recent month. Select Useful or Not useful for each suggestion. amounts reported on the tral balance. (Hint: Four errors were made in the posting process and preparation of the trial balance.) 1. Which of these is an emor in the tnar balance? 2. Explain what caused the emors. 3. Prepare a correcled inial balance. 3. Prepare a correcfed triat balance 1. Which of these is an error in the trial batiance? Check all itsat apply The debit to Acutomobie Expense was made for $50,000 instead of $50. Entries to wages expense were cenitted The debit to Drawing was made for $2,100 instead of $1,200. Cash is isted as a credit balance instead of a debt balance. Columns do not total. Cwner capial is listed as a credit balance instead of a debit balance. 2. Exphit have cavsed the mors brought a lst of cash recepts and expenditures and would like you to try to fipure out what happened. When asked for more detais on the expenditutes and the kayaking pear that you saw in her garage, Disne provided the folowng information: Expendibures were made on the fallowing items: Frochuees used to advortise her services (Diano only usnd ahnut 1 \&d of them and nlane to use the crervinder A new kayak and paddles (At the beginning of the summer, Ciane bought a new kayak and paddles. Up to this time, she had always borrowed her father's. Diante expects to use the equipment for about five years. At that time, she expects it to have no vahie.) 3,500 Peoquirects actually "corections of errors" Diane has made in classifynq certain items. 2. What is your best rivasure of Diane's net income for the summer of 207 Revised Wer Income : Take another look at the Demonstration Problem for Kenny Young's "Home and Away Inspections." answer the phone and help with inspections. The transactions for the month of September and income statement for the month are shown. a. On the first day of the month, Young invested cash by making a deposit in a bank account for the business, $15,000. b. Paid rent for September, $300. c. Bought a used truck for cash, $8,000. d. Purchased tools on account from Crafty Tools, $3,000. e. Paid electricity bili, $50. f. Paid two-year premium for liability insurance on truck, $600. g. Received cash from clients for services performed, $2,000. h. Paid part-time assistant (wages) for first half of month, $200. i. Performed inspection services for dients on account, $1,000. j. Paid phone bili, $35. k. Bought office supplies costing $300. Paid $100 cash and will pay the balance next month, $200. 1. Received cash from clients for inspections perfomed on account in (i), $300. m. Paid part-time assistant (wages) for last half of month, $250. n. Made partial payment on tools bought in (d), $1,000. o. Eamed additional revenues amounting to $2,000:51,400 in cash and $600 on account. p. Young withdrew cash at the end of the month for personal expenses, $500. penod was $4,165. Compare the income statement to the cash receipts and payments schedule. Are these measures different? Which of the following provides a better measure of profitability? show you her performance for the most recent month. She prepared the following income statement and balance sheet: no liablities, and made no additional investments in the business in August, you agree. Required: 1. Prepare the statement of owner's equity for your friend's most recent month. 2. What suggestions might you give to Chris that would make her income statement more useful? Statement of Owner's Equity 2. What suggestions might you give to Chnis that would make her income siatement more useful? 1. Prepare the statement of owner's equity for your fnend's most recent month. Select Useful or Not useful for each suggestion. amounts reported on the tral balance. (Hint: Four errors were made in the posting process and preparation of the trial balance.) 1. Which of these is an emor in the tnar balance? 2. Explain what caused the emors. 3. Prepare a correcled inial balance. 3. Prepare a correcfed triat balance 1. Which of these is an error in the trial batiance? Check all itsat apply The debit to Acutomobie Expense was made for $50,000 instead of $50. Entries to wages expense were cenitted The debit to Drawing was made for $2,100 instead of $1,200. Cash is isted as a credit balance instead of a debt balance. Columns do not total. Cwner capial is listed as a credit balance instead of a debit balance. 2. Exphit have cavsed the mors brought a lst of cash recepts and expenditures and would like you to try to fipure out what happened. When asked for more detais on the expenditutes and the kayaking pear that you saw in her garage, Disne provided the folowng information: Expendibures were made on the fallowing items: Frochuees used to advortise her services (Diano only usnd ahnut 1 \&d of them and nlane to use the crervinder A new kayak and paddles (At the beginning of the summer, Ciane bought a new kayak and paddles. Up to this time, she had always borrowed her father's. Diante expects to use the equipment for about five years. At that time, she expects it to have no vahie.) 3,500 Peoquirects actually "corections of errors" Diane has made in classifynq certain items. 2. What is your best rivasure of Diane's net income for the summer of 207 Revised Wer Income