Question
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
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 19,400 Fees Income -0- Accounts Receivable 800 Rent Expense -0- Office Equipment 2,000 Utilities Expense -0- Supplies 200 Salaries Expense -0- Accounts Payable 1,000 Kelly Connor, Capital 21,400 Kelly Connor, Drawing -0- The following transactions occurred during the month of November. Collected $300 from credit customers. Issued a check for $710 for November's rent. Paid $1,700 for salaries. The owner withdrew $510 in cash for personal expenses. Issued a check for $210 to pay the monthly utility bill. Received $2,700 in cash for services performed. Purchased office equipment for $1,300 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.
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