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Please see attached ! its a question regarding financial statements. 1. The business prepares financial statements on a monthly basis and has the following adjusted
Please see attached ! its a question regarding financial statements.
1. The business prepares financial statements on a monthly basis and has the following adjusted trial balance at January 31: 9,000 12,000 23,500 35,200 8,400 6,800 2,000 Cash Accounts receivable Merchandise inventory Equipment Accumulated depreciation Accounts payable Wages payable 11,000 43,600 5,000 315,700 231,400 72,400 Notes payable (all long-term) Owner's capital, January 1 Owner's withdrawals Sales revenue Cost of goods sold Operating expenses A. Prepare a Multi-step income statement for Jones Company for January. B. Prepare a statement of owner's equity for Jones Company for January. C. Prepare a classified balance sheet for Jones Company for JanuaryStep by Step Solution
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