Question
Using the information below, prepare a brief income statement, statement of owner's equity and balance sheet. Please attach them here. Grisham Industries began operations
Using the information below, prepare a brief income statement, statement of owner's equity and balance sheet. Please attach them here. Grisham Industries began operations on June 1. On June 30, the company's records show the following selected accounts and amounts for the month of June. Prepare a June income statement, statement of owner's equity, and balance sheet. Then answer the following questions. Cash Accounts Receivable Accounts Payable Owner withdrawals Sales Equipment Rent expense Wages expense Capital balance June 1 Owner investment $5,000 $4,500 $3,500 $1,500 $12,000 $6,500 $2,000 $6,000 $0 $10,000
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Accounting Principles Part 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition
1118306783, 978-1118728918, 1118728912, 978-1118306789
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