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Problem 2: A On January 1, 2020, Angela Sanchez invested $1,000 in Angela's Bookkeeping Services She withdrew $11,000 for personal use during the year. Angela

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Problem 2: A On January 1, 2020, Angela Sanchez invested $1,000 in Angela's Bookkeeping Services She withdrew $11,000 for personal use during the year. Angela reports the following balances on December 31 Accounts receivable $ 9,000 Accounts payable 7,200 Service revenue 39,000 Rent Expense 2,000 Note payable 3, 800 Supplies 900 Salary expense 10,000 Cash 18, 100 Angela Sanchez capital, December 31 17.000 Using the information above, Prepare an Income Statement for the year ended December 31, 2020 B: Using the information above prepare a statement of owners equity for December 31, 2020 A: A: Angela's Bookkeeping Services Income Statement Year Ended December 31, 2020 B Angela's Bookkeeping Services Statement of Owner's Equity Year Ended December 31, 2006

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