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Requirement 2. Prepare the financial statements. - X More info a. Income statement for the month ended March 31, 2024. (If a box is not
Requirement 2. Prepare the financial statements. - X More info a. Income statement for the month ended March 31, 2024. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Review the ending balances of the accounts from Requirement 1. Mar. 1 Mar. 2 Mar. 3 Mar. 5 Mar. 7 Mar. 9 Sold personal investment in Amazon stock, which she had owned for several years, receiving $32,000 cash. Deposited the $32,000 cash from the sale of the Amazon stock in her personal bank account. Deposited $92.000 cash in a new business bank account titled Amanda Pantaine, Attorney. The business gave capital to Pantaine, Paid $450 cash for ink cartridges for the printer Purchased computer for the law office agreeing to pay the account. 58,000, within three months. Received $3,300 cash from customers for services rendered Received bill from The Lawyer for magazine subscription, $280. (Use Miscellaneous Expense account.) Finished court hearings on behalf of a client and submitted a bill for legal services, $11,000, on account Paid bill from The Lawyer Paid utilities, $1,300 Received $3,100 cash from clients billed on March 23. Pantaine withdrew cash of $5,000 Mar. 15 Mar. 23 Mar. 28 Mar. 30 Mar. 31 Mar. 31 Net Income b. Statement of owner's equity for the month ended March 31, 2024. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. Enter a "O" for any zero balances.) Review the ending balances of the accounts from Requirement 1. Pantaine, Capital, March 1, 2024 Print Done Pantaine, Capital, March 31, 2024 c. Balance sheet as of March 31, 2024. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Review the ending balances of the accounts from Requirement 1. Assets Liabilities Owner's Equity d. Statement of cash flows for the month ended March 31, 2024 Complete the statement one section at a time, beginning with the heading and cash flows from operating activities (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the table leave the box empty, do not select a label or enter a zero. Complete all answer bouces for subtotals and the final cash section, though Enter Cash flows from operating activities: Receipts O Payments
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