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The financial statements for Daniels' Custom Haircuts for the month of Octob Solve for the missing information. Daniels' Custom Haircuts Income Statement For Month Ended
The financial statements for Daniels' Custom Haircuts for the month of Octob Solve for the missing information. Daniels' Custom Haircuts Income Statement For Month Ended October 31, 20-- Revenue: Professional Fees $29,500 Expenses: Salary Expense $1,950 Rent Expense 4,400 Utilities Expense 690 Miscellaneous Expense 495 Total Expenses Net Income $21,965 $0 Solve for the missing information. Daniels' Custom Haircuts Statement of Owner's Equity For Month Ended October 31, 20-- Q. Daniels, Capital, October 1, 20-- Investments during October Net Income for October Subtotal $42,465 Less Withdrawals for October 5,400 Increase in Capital Q. Daniels, Capital, October 31, 20-- $37,065 Solve for the missing information. Daniels' Custom Haircuts Balance Sheet October 31, 20-- Assets Cash Accounts Receivable Office Equipment Office Furniture Total Assets $18,750 2,380 9,400 8,400 Liabilities Accounts Payable $1,865 Owner's Equity Q. Daniels, Capital Total Liabilities and Owner's Equity a $
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