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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

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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 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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