
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
Edition 2ISBN: 978-0073396958 Exercise 34
Financial Statements
The following account balances are for Dolly Garcia, Certified Public Accountant, as of April 30, 2013.
INSTRUCTIONS
Using the accounting equation form, determine the balance for Dolly Garcia, Capital, April 1, 2013. Prepare an income statement for the month of April, a statement of owner's equity, and a balance sheet as of April 30, 2013. List the expenses on the income statement in alphabetical order.
Analyze: What net change in owner's equity occurred during the month of April?
The following account balances are for Dolly Garcia, Certified Public Accountant, as of April 30, 2013.

INSTRUCTIONS
Using the accounting equation form, determine the balance for Dolly Garcia, Capital, April 1, 2013. Prepare an income statement for the month of April, a statement of owner's equity, and a balance sheet as of April 30, 2013. List the expenses on the income statement in alphabetical order.
Analyze: What net change in owner's equity occurred during the month of April?
Explanation
Part: 1
Preparation of financial statem...
College Accounting 2nd Edition by David Haddock, John Price,Michael Farina
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