From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month of May of the current year.? View attachment for inst
From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month of May of the current year.
View attachment for instructions.
7/20/23, 1:02 PM CTU Portal: Accounting for Non-Accounting Majors ACC310
https://studentlogin.coloradotech.edu/aui/?ssid=3&cid=6&v=10#/class/298923/home/unit/2/unit-assignments 1/2
Description
From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance
Sheet for the month of May of the current year.
Cash $12,000
Accounts Receivable 16,000
Supplies 350
Equipment 16,500
Notes Payable $13,000
Accounts Payable 12,000
S. Jones, Capital 18,000
S. Jones, Drawing 550
Service Revenue 6,000
Telephone Expense 350
Rent Expense 1,100
Advertising Expense 2,150
Assignment Details Close
Unit 2 – Individual Project (125 points) Due: Sun, Jun 25 | Printer Friendly Version
7/20/23, 1:02 PM CTU Portal: Accounting for Non-Accounting Majors ACC310
https://studentlogin.coloradotech.edu/aui/?ssid=3&cid=6&v=10#/class/298923/home/unit/2/unit-assignments 2/2
$49,000 $49,000
Please submit your assignment.
For assistance with your assignment, please use your textbook and all course resources.
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