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plz follow the former way and give me clear answer. Thank you Assignment Questions (Ex 2-13, Ex 2-14, Ex 2-15, P 2-4A) Ex 2-13 Preparing
plz follow the former way and give me clear answer. Thank you
Assignment Questions (Ex 2-13, Ex 2-14, Ex 2-15, P 2-4A) Ex 2-13 Preparing an Income Statement Dominick Lopez operates a consulting firm called Tech Today. On August 31, the company's records show the following accounts and amounts for the month of August. Use this information to prepare an August income statement for the business D. Lopez. Withdrawals Consulting fees earned $ 8,360 $3.000 Cash 17,000 17.000 Accounts receivable Office supplies 3.250 Rent expense Salaries expense 4,550 46,000 8,000 Land Telephone expense. 18.000 560 Office equipment Accounts payable Miscellaneous expenses 8,000 280 D. Lopez. Capital, July 31 Owner investments 80,000 4,000 Ex 2-14 Preparing a Statement of change in equity Use the information in Exercise 2-13 to prepare an August statement of changes in equity for Tech today. (The owner invested $80,000 cash in the company during the first week of August.) Ex 2-15 Preparing a Balance sheet Use the information in Exercise 2-13 (if completed, you can also use your solution to Exercise 2-14) to prepare an August 31 balance sheet for Tech TodayStep by Step Solution
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