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Required information [ The following information applies to the questions displayed below. ] The accounts and balances for Paw Prints Pet Sitters on November 1

Required information

[The following information applies to the questions displayed below.]

The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below.

Cash 19,550 Fees Income -0-
Accounts Receivable 830 Rent Expense -0-
Office Equipment 2,300 Utilities Expense -0-
Supplies 230 Salaries Expense -0-
Accounts Payable 1,300
Kelly Connor, Capital 21,610
Kelly Connor, Drawing -0-

The following transactions occurred during the month of November.

  1. Collected $330 from credit customers.
  2. Issued a check for $740 for November's rent.
  3. Paid $1,650 for salaries.
  4. The owner withdrew $540 in cash for personal expenses.
  5. Issued a check for $240 to pay the monthly utility bill.
  6. Received $2,715 in cash for services performed.
  7. Purchased office equipment for $1,330 on credit.
  1. Prepare an income statement for Paw Prints Pet Sitters for month ended November 30, 2019.
  2. Prepare a statement of owners equity for Paw Prints Pet Sitters for the month end November 30, 2019.
  3. Prepare a balance sheet for Paw Prints Pet Sitters as of November 30, 2019.
PAW PRINTS PET SITTERS
Income Statement
Month Ended November 30, 2019
Revenue
Expenses
Total expenses 0
$0

PAW PRINTS PET SITTERS
Statement of Owner's Equity
Month Ended November 30, 2019
$0
PAW PRINTS PET SITTERS
Balance Sheet
November 30, 2019
Assets Liabilities
Owner's Equity
Total assets $0 Total liabilities and Owner's equity $0

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