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Showing posts with label Statement of Owner's Equity. Show all posts
Showing posts with label Statement of Owner's Equity. Show all posts

Friday, September 18, 2015

Complete an Income Statement, Statement of Owner's Equity, and Balance Sheet using the information provided below for Rya’s Planning Services

Complete an Income Statement, Statement of Owner's Equity, and Balance Sheet using the information provided below for Rya’s Planning Services.

Cash………………………………….$21,500
Accounts Receivable………. 17,500
Office Supplies……………… … 500
Equipment…………………… …….15,000
Accounts Payable…………… . 9,750
Rya Page, Capital……………....28,200
Rya Page, Drawing……………… 5,000
Planning Fees Income……… …26,250
Office Supplies Expense……….. 200
Rent Expense……………………… … 800
Salaries Expense……………… …. 3,000
Utilities Expense……………… ….. 700


Click here for the solution: Complete an Income Statement, Statement of Owner's Equity, and Balance Sheet using the information provided below for Rya’s Planning Services