Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Trial Balance January 31, 20 DEBIT CREDIT ACCOUNT NO. BALANCE BALANCE Cash 101 10,990 142 250 1,300 181 202 1,350 12,000 311 Office Supplies Office
Trial Balance January 31, 20 DEBIT CREDIT ACCOUNT NO. BALANCE BALANCE Cash 101 10,990 142 250 1,300 181 202 1,350 12,000 311 Office Supplies Office Equipment Accounts Payable Diane Bernick, Capital Diane Bernick, Drawing Consulting Fees Wages Expense Rent Expense Phone Expense Utilities Expense Miscellaneous Expense 1,750 P W NN ID WH CE 533 549 PY EUW / / 15,100 REL / // 1. Prepare an income statement. Bernick's Consulting Income Statement For Month Ended January 31, 20- 1. Prepare an income statement. Bernick's Consulting Income Statement For Month Ended January 31, 20- 2. Prepare a statement of owner's equity. Bernick's Consulting Statement of Owner's Equity For Month Ended January 31, 20-- Total investment 3. Prepare a balance sheet. Balance Sheet January 31, 20 Assets Liabilities Owner's Equity Total assets Total liabilities & owner's equity
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started