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The document provides the adjusted trial balance, income statement, and owner's equity statement for Pioneer Advertising Agency for the month ended October 31, 1999. The income statement shows revenues of $10,600 and expenses of $7,740, resulting in net income of $2,860. The owner's equity statement shows that owner C.R. Byrd invested $10,000 and the company earned $2,860 in net income, less $500 in drawings, bringing the total capital to $12,360.
The document provides the adjusted trial balance, income statement, and owner's equity statement for Pioneer Advertising Agency for the month ended October 31, 1999. The income statement shows revenues of $10,600 and expenses of $7,740, resulting in net income of $2,860. The owner's equity statement shows that owner C.R. Byrd invested $10,000 and the company earned $2,860 in net income, less $500 in drawings, bringing the total capital to $12,360.
Copyright:
Attribution Non-Commercial (BY-NC)
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The document provides the adjusted trial balance, income statement, and owner's equity statement for Pioneer Advertising Agency for the month ended October 31, 1999. The income statement shows revenues of $10,600 and expenses of $7,740, resulting in net income of $2,860. The owner's equity statement shows that owner C.R. Byrd invested $10,000 and the company earned $2,860 in net income, less $500 in drawings, bringing the total capital to $12,360.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als PDF, TXT herunterladen oder online auf Scribd lesen