Pr 1- 2 B Financial Statement_ St Simon Travel Service
The amounts of the assets and Liabilities of St Simon Travel Service are listed as of June 30, 2012, the end of the current year, and its revenues and expenses for the year are listed below. The capital of Gwen Perez, owner, was $ 150,000 at July 1, 2011, the beginning of the current year, and the owner withdrew $ 30,000 during the current year.
Need Help Writing an Essay?
Tell us about your assignment and we will find the best writer for your paper.
Write My Essay For MeAccount payable $ 25,000 Supplies $ 12,000
Accounts receivable $ 90000 Supllies expense $ 10,000
Cash $ 123000 Taxes expenses 8000
Fees earned $ 500,000 Utilites expenses $ 36,000
Miscellaneous expenses $ 11,000 Wages expenses $ 280,000
Rent expense $ 75,000
Then instructions 1 to 4 , that is readable.
1. Prepare an income statement for the current year ended June 30, 2012
2. Prepare a statement of owner’s equity for the current year ended june 30, 2012.
3. Prepare a balance sheet as of June 30, 2012
4. What item appears on both the income statement and statement of owner’s equity?
Welcome to one of the most trusted essay writing services with track record among students. We specialize in connecting students in need of high-quality essay writing help with skilled writers who can deliver just that. Explore the ratings of our essay writers and choose the one that best aligns with your requirements. When you rely on our online essay writing service, rest assured that you will receive a top-notch, plagiarism-free A-level paper. Our experienced professionals write each paper from scratch, carefully following your instructions. Request a paper from us and experience 100% originality.
From stress to success – hire a pro essay writer!
