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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 6
Financial Statements
Sherrye Cravens is a new staff accountant for Oxford Beauty Supply. She has asked you to review the financial statements prepared for April to find and correct any errors. Review the income statement and balance sheet that follow and identify the errors Cravens made (she did not prepare a statement of owner's equity). Prepare a corrected income statement and balance sheet, as well as a statement of owner's equity, for Oxford Beauty Supply.
Sherrye Cravens is a new staff accountant for Oxford Beauty Supply. She has asked you to review the financial statements prepared for April to find and correct any errors. Review the income statement and balance sheet that follow and identify the errors Cravens made (she did not prepare a statement of owner's equity). Prepare a corrected income statement and balance sheet, as well as a statement of owner's equity, for Oxford Beauty Supply.
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College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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