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Fast2F Fast2F
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6 years ago
Prepare the financial statements for H. Logan of Logan Motorcycles from the following account balances: 1) an income statement, 2) a statement of owner's equity, and 3) a balance sheet for the month ended October 31, 200x. You will need to calculate the value of the Accounts Payable account (note: remember the basic accounting equation).

Cash   $1,300
Accounts Receivable   500
Equipment   2,000
Accounts Payable   Neutral Face
Travis, Capital   3,000
Revenue   1,000
Expenses   700
Travis, Withdrawal   100
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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6 years ago
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Fast2F Author
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6 years ago
Helped a lot
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This calls for a celebration Person Raising Both Hands in Celebration
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2 hours ago
Good timing, thanks!
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