Question
The adjusted trial balance of Clorox includes the following accounts at 31 October 2020: $ Cash Account Receivable Stationery Prepaid Rent Office Equipment Accumulated Depreciation
The adjusted trial balance of Clorox includes the following accounts at 31 October 2020: $ Cash Account Receivable Stationery Prepaid Rent Office Equipment Accumulated Depreciation - Office Equipment Account Payable Unearned Design Revenue Wages Payable Capital Drawings Service Revenue Wages Expense Office Supplies Expenses Rent Expenses Depreciation Expense - Office Equipment Utilities Expense TOTALS 22,480 5,000 3,660 1,600 16,320 2,800 5,520 1,540 1,600 300 680 $61,500 $ 300 6,280 600 720 40,000 13,600 $61,500 1. Prepare an Income Statement for the month ended 31 Ocotber 2020 2. Prepare a Statement of Owner's Equity for the month ended 31 October 2020 3. Prepare a Statement of Financial Position or Balance Sheet as at 31 Ocotber 2020
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