Title | Question 8 of 8 |
---|---|
Course | Accelerated Introductory Financial Accounting |
Institution | Kwantlen Polytechnic University |
Pages | 1 |
File Size | 17.5 KB |
File Type | |
Total Downloads | 70 |
Total Views | 141 |
Question 8 of 8...
Ch 1 Homework Assignment
Question 8 of 8
View Policies Show Attempt History Buffalo Russell opened Total Care Services on May 1, 2021. Prepare an income sta owner’s equity and a balance sheet for Total Care Services for the month ended, M following accounts in the first month of operations: Cash
$1,968
Accounts Receivable
$1,972
Supplies
$406
Vehicles
$3,480
Equipment
$2,668
Accounts Payable
$812
B. Russell, Capital
$6,728
B. Russell, Drawings
$1,160
Service Revenue
$4,292
Fuel Expense Telephone Expense
$124 $54
(a)
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Your answer is correct.
Prepare the income statement for Total Care Services....