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Make an income statement, an owner's equity statement and a balance sheet for the acupuncture practice of Bi Loi, from the items listed below for the month of September.

Bi Loi, Capital, September 1 $42,000

Accounts payable    7,000

Equipment             30,000

Service revenue     25,000

Bi Loi, Drawings      6,000

Dental supplies expense   3,500

Cash      6,000

Utilities expense     700

Dental supplies     2,800

Salaries expense   9,000

Accounts receivable   14,000

Rent expense    2,000

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M916418

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