Essay
The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below. The following transactions occurred during the month of November.
a.Collected $350 from credit customers
b.Issued a check for $700 for rent
c.Paid $1,900 for salaries
d.The owner withdrew $500 in cash for personal expenses
e.Issued a check for $200 to pay the monthly utility bill
f.Received $2,845 in cash for services performed
g.Purchased office equipment for $1,350 on credit
Using the information shown,prepare an income statement,statement of owner's equity,and balance sheet for Paw Prints Pet Sitters for the month ended November 30,2016.
Correct Answer:

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Correct Answer:
Verified
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