Question
Prepare the owner's equity statement. (List items that increase owner's equity first.) SANDHILL 'S HOME RENOVATIONS Statement of Owner's Equity Year Ended December 31, 2021December
Prepare the owner's equity statement. (List items that increase owner's equity first.)
| SANDHILL'S HOME RENOVATIONS Statement of Owner's Equity Year Ended December 31, 2021December 31, 2021Month Ended December 31, 2021 | |
| J. Sandhill, Capital, December 31RevenuesJ. Sandhill, DrawingsJ. Sandhill, Capital, January 1InvestmentsProfit / (Loss)ExpensesTotal ExpensesTotal Revenues | $ |
| AddLess: Total ExpensesJ. Sandhill, DrawingsTotal RevenuesJ. Sandhill, Capital, January 1J. Sandhill, Capital, December 31RevenuesInvestmentsExpensesProfit / (Loss) | |
| AddLess: Total ExpensesJ. Sandhill, Capital, January 1Total RevenuesExpensesProfit / (Loss)RevenuesJ. Sandhill, DrawingsInvestmentsJ. Sandhill, Capital, December 31 | |
| J. Sandhill, DrawingsJ. Sandhill, Capital, January 1RevenuesExpensesProfit / (Loss)Total RevenuesInvestmentsJ. Sandhill, Capital, December 31Total Expenses | $ |
Prepare the balance sheet.
| SANDHILL'S HOME RENOVATIONS Balance Sheet December 31, 2021Year Ended December 31, 2021Month Ended December 31, 2021 | |||
| Assets | |||
| Accounts PayableAccounts ReceivableCashEquipmentInsurance ExpenseInterest ExpenseJ. Sandhill, CapitalJ. Sandhill, DrawingsNotes PayableOperating ExpensePrepaid InsuranceSupplies ExpenseSalaries ExpenseService RevenueSuppliesUnearned RevenueVehicles | $ | ||
| Accounts PayableAccounts ReceivableCashEquipmentInsurance ExpenseInterest ExpenseJ. Sandhill, CapitalJ. Sandhill, DrawingsNotes PayableOperating ExpensePrepaid InsuranceSupplies ExpenseSalaries ExpenseService RevenueSuppliesUnearned RevenueVehicles | |||
| Accounts PayableAccounts ReceivableCashEquipmentInsurance ExpenseInterest ExpenseJ. Sandhill, CapitalJ. Sandhill, DrawingsNotes PayableOperating ExpensePrepaid InsuranceSupplies ExpenseSalaries ExpenseService RevenueSuppliesUnearned RevenueVehicles | |||
| Accounts PayableAccounts ReceivableCashEquipmentInsurance ExpenseInterest ExpenseJ. Sandhill, CapitalJ. Sandhill, DrawingsNotes PayableOperating ExpensePrepaid InsuranceSupplies ExpenseSalaries ExpenseService RevenueSuppliesUnearned RevenueVehicles | |||
| Accounts PayableAccounts ReceivableCashEquipmentInsurance ExpenseInterest ExpenseJ. Sandhill, CapitalJ. Sandhill, DrawingsNotes PayableOperating ExpensePrepaid InsuranceSupplies ExpenseSalaries ExpenseService RevenueSuppliesUnearned RevenueVehicles | |||
| Accounts PayableAccounts ReceivableCashEquipmentInsurance ExpenseInterest ExpenseJ. Sandhill, CapitalJ. Sandhill, DrawingsNotes PayableOperating ExpensePrepaid InsuranceSupplies ExpenseSalaries ExpenseService RevenueSuppliesUnearned RevenueVehicles | |||
| Total Owner's EquityTotal Intangible AssetsTotal Property, Plant and EquipmentTotal AssetsTotal Liabilities and Owner's EquityOwner's EquityIntangible AssetsProperty, Plant and EquipmentTotal LiabilitiesLiabilities | |||
| Liabilities and Owner's Equity | |||
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The Lean Audit A Detailed User Guide For The Lean Factory Audit Online
Authors: Isaias Wallaker
1st Edition
B09R3HXJ11, 979-8408651320
