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Please complete the tables Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1. On December 31, Metrix shows
Please complete the tables
Angela Lopez owns and manages a consulting firm called Metrix, which began operations on December 1. On December 31, Metrix shows the following selected accounts and amounts for the month of December. Required: 1. Prepare a December income statement for the business. 2. Prepare a December statement of owner's equity. The A. Lopez, Capital account balance at December 1 was $0, and the owner invested $14,800 cash in the company on December 2. 3. Prepare a December 31 balance sheet. Hint: Use the A. Lopez, Capital account balance calculated in part 2. Complete this question by entering your answers in the tabs below. Prepare a December income statement for the business. Complete this question by entering your answers in the tabs below. Prepare a December statement of owner's equity. The A. Lopez, Capital account balance at December 1 was $0, and the owner invested $14,800 cash in the company on December 2. Complete this question by entering your answers in the tabs below. Prepare a December 31 balance sheet. Hint: Use the A. Lopez, Capital account balance calculated in part 2Step by Step Solution
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