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On September 1, 2013, XYZ Company has just started business this month. Owners invested $15,000 in the company to start it and received shares of

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On September 1, 2013, XYZ Company has just started business this month. Owners invested $15,000 in the company to start it and received shares of capital stock in exchange. Customers paid $1,500 during the month of September. At the end of September, $750 worth of work was completed. The following cash payments were also made: Additionally, $6,000 worth of services were performed, all of it received in cash. No distributions were made to the owners. Required: Please complete the Income Statement and the Balance Sheet

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