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  3. 1. the following are the balances of the accountin

1. The following are the balances of the accounting equation elements for Michael Hair Salon...

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Accounting

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1. The following are the balances of the accounting equation elements for Michael Hair Salon as of December 31, 2022. The owner made not additional investment during the period. Prepare, in proper form, the following financial statements for period ending December 31, 2022, for Michael Hair Salon in proper form: a. income statement, b. Statement of owner's equity, c. balance sheet. 2. Journalize (include narratives) and post the following transactions to T accounts. Prepare and unadjusted trial balance

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