On November 1, 2023, Jean Higgins started a wedding planning company, Extraordinary Studios. On November...
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Accounting
On November 1, 2023, Jean Higgins started a wedding planning company, Extraordinary Studios. On November 30, 2023, the company's records showed the following items.
Cash
22,500
Accounts receivable
18,300
Office supplies
6,300
Automobiles
49,000
Office equipment
26,290
Accounts payable
8,800
Owner's investments
97,000
Owner's withdrawals
5,310
Wedding consulting revenue
35,000
Rent expense
3,200
Salaries expense
7.300
Telephone expense
1,810
Utilities expenses
790
Prepare a November statement of changes In equity for Extraordinary Studios
EXTRAORDINARY STUDIOS
Statement of Changes in Equity
For Month Ended November 30, 2023
Jean Higgins, capital, November 1
Total
Jean Higgins, capital, November 30
On November 1, 2023, Jean Higgins started a wedding planning company, Extraordinary Studios. On November 30, 2023, the company's records showed the following items.
Cash | 22,500 |
Accounts receivable | 18,300 |
Office supplies | 6,300 |
Automobiles | 49,000 |
Office equipment | 26,290 |
Accounts payable | 8,800 |
Owner's investments | 97,000 |
Owner's withdrawals | 5,310 |
Wedding consulting revenue | 35,000 |
Rent expense | 3,200 |
Salaries expense | 7.300 |
Telephone expense | 1,810 |
Utilities expenses | 790 |
Prepare a November statement of changes In equity for Extraordinary Studios
EXTRAORDINARY STUDIOS |
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Statement of Changes in Equity |
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For Month Ended November 30, 2023 |
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Jean Higgins, capital, November 1 |
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Total |
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Jean Higgins, capital, November 30 |
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