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Prepare an income statement and an owner equity statement and a balance sheet for sale sports club from the accounts listed below for the month of november.
Saleh Capital November
$ 21000
Equipment
15000
Salaries expense
4500
Supplies
1400
Accounts receivable
7000
Service revenue
12500
Saleh Drawings
3000
Account payable
3500
Rent expenses
1000
Supplies expense
1750
Cash
Utilities expense
350
Discuss and elaborate the characteristics of an effective and well design management accounting system.
During the year, he made the following contributions to recognized public charities: $5,000 cash 1,000 shares of Able Corporation common stock, acquired in 1979 (cost and fair market value of $7,000) Considering the charitable contribution deducti..
1.On January 1, 2013, Byner Company purchased a used tractor.
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