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Requirements 1. Analyze the effects of the preceding events on the accounting equation of Alexa Peterson, Attorney. 2. Prepare the following financial statements: a. Income
Requirements 1. Analyze the effects of the preceding events on the accounting equation of Alexa Peterson, Attorney. 2. Prepare the following financial statements: a. Income statement for the month ended March 31, 2024. b. Statement of retained earnings for the month ended March 31, 2024. c. Balance sheet as of March 31, 2024 d. Statement of cash flows for the month ended March 31, 2024. 3. Calculate Alexa Peterson, Attorney's return on assets. Round to the nearest whole percent. accounted for by the business. 'Click the icon to view the transactions.) Read the requirements. Requirement 1. Analyze the effects of the preceding events on the accounting equation of Alexa Peterson, Attorney. Contributed Capital; Div. = Dividends; Comp. = Computer; Exp. = Expense; Liab. = Liabilities; Misc. = Miscellaneous; Rev. = Revenue; Sup. = Supplies; Util. = Utilities.)
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