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please see attachment 28. Please prepare Balance Sheet and Income Statement, using the following information. The ledger of Alex Advertising and Publicity contained the following
please see attachment
28. Please prepare Balance Sheet and Income Statement, using the following information. The ledger of Alex Advertising and Publicity contained the following account balances as of October 31: Accounts Payable Accounts Receivable Advertising Revenue C. D. Alex, Capital C. D. Alex, Drawing Cash Equipment Miscellaneous Expense Prepaid Insurance (Asset) Public Relations Revenue Rent Expense Salary Expense Supplies Expense Utilities Expense $2,450 4.260 9,640 14,630 5,620 1,600 5.240 170 360 4,250 900 5.200 400 240Step by Step Solution
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