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The last four columns of a company's worksheet for the month ended October 31, 2019, are shown below. The owner made no additional investments during
The last four columns of a company's worksheet for the month ended October 31, 2019, are shown below. The owner made no additional investments during the month. INCOME STATEMENT CREDIT DEBIT DEBIT ACCOUNT NAME Cash Accounts Receivable Supplies Equipment Accum. Depr.-Equip. Accounts Payable Ashleigh Lorado, Capital Ashleigh Lorado, Drawing Fees Income Salaries Expense Rent Expense Supplies Expense Depr. Exp.-Equip. Totals Net Income BALANCE SHEET CREDIT 10,700 14,400 7,200 33,400 9,700 9,850 40,500 3,700 31,800 15,600 2,700 1,450 2,700 22,450 9,350 31,800 31,800 69,400 60,050 9,350 69,400 69,400 31,800 Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Prepare an income statement, a statement of owner's equity, and a balance sheet for the company for the month ended October 31, 2019. Complete this question by entering your answers in the tabs below. Income Statement Owners Equity Balance Sheet Prepare an income statement for the Lorado Insurance Agency for the month ended October 31, 2019. LORADO INSURANCE AGENCY Income Statement Month Ended October 31, 2019 Revenue Expenses Total expenses 0
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