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Using the following accounts and their amounts, prepare in good format an Income Statement, Balance Sheet and Statement of Owners Equity for Cloe Company, month
Using the following accounts and their amounts, prepare in good format an Income Statement, Balance Sheet and Statement of Owners Equity for Cloe Company, month ended Jan 31, 2009: Telephone Expense P750
Cash P3,150
Accounts Payable P640
Cloe, Withdrawal P300
Fees Earned P10,700
Rent Expense P1,000
Supplies P230
Accounts Receivable P1,800
Computer Equipment P15,000
Cloe, Capital P13,080
Wages Expense P3,600
Utilities Expense P350
Notes Payable P2,000
Office Expense P240
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