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Solve the three needed please. Thank you Create an Income Statement, Statement of Changes in Owner's Equity, and Statement of Financial Position/Balance Sheet. The following
Solve the three needed please. Thank you
Create an Income Statement, Statement of Changes in Owner's Equity, and Statement of Financial Position/Balance Sheet. The following are the transactions of Yellow Ribbon Company during the month of August of the current year. August 1 Paid rent for the month, P 5,000 2 Paid P 2,400 for office supplies purchase for cash. 5 Purchased office equipment on account, P 10,000 8 Billed to costumers for the month, P 23,600 10 Paid advertising expense. P 1,200 12 16 The owner made an additional cash investment of P 100,000 Received cash from customers for services rendered. P 12.470 Purchased additional office supplies on account. P3,500 20 23 Withdrew cash, P 4,500 27 Paid P 650 for the repair of office equipment 29 Paid telephone bill for the month, P 3,750 30 Paid salaries of employees, P 12.000 Received a promissory note for services rendered. P 10,000 30 Create an Income Statement, Statement of Changes in Owner's Equity, and Statement of Financial Position/Balance Sheet. The following are the transactions of Yellow Ribbon Company during the month of August of the current year. August 1 Paid rent for the month, P 5,000 2 Paid P 2,400 for office supplies purchase for cash. 5 Purchased office equipment on account, P 10,000 8 Billed to costumers for the month, P 23,600 10 Paid advertising expense. P 1,200 12 16 The owner made an additional cash investment of P 100,000 Received cash from customers for services rendered. P 12.470 Purchased additional office supplies on account. P3,500 20 23 Withdrew cash, P 4,500 27 Paid P 650 for the repair of office equipment 29 Paid telephone bill for the month, P 3,750 30 Paid salaries of employees, P 12.000 Received a promissory note for services rendered. P 10,000 30
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