Question
QUESTION 2 a) Madam Rose started the Golden Roses Enterprise on January 2020. Below is the information provided by Madam Roses. Please help Madam Rose
QUESTION 2 a) Madam Rose started the Golden Roses Enterprise on January 2020. Below is the information provided by Madam Roses. Please help Madam Rose to prepare the Income Statement and Balance Sheets for Golden Roses Enterprise. *(Not include Current Month Profit) ACCOUNT RM Account payable 15,000 Account receivables 12,000 Accrued expenses 3,000 Accumulated depreciation - Equipment 5,000 Administration Expenses 15,000 Cash 10,000 Common Stock 15,000 Cost of goods sold 120,000 Depreciation Expenses 5,000 Equipment 50,000 Interest Expense 15,000 Inventory 5,000 Long term debt 50,000 Marketable securities 20,000 Prepaid expenses 5,00
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