Precisely Ballroom Adjusted Trial Balance June 30,2022 Prepare an income statement for the month of...
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Precisely Ballroom Adjusted Trial Balance June 30,2022 Prepare an income statement for the month of June. To begin, select the appropriate accounts using a popup link. Next, enter all values as positive amounts because amounts to be subtracted are indicated on the income statement with brackets around the input box. Note that you are required to select income or loss from a drop-down list. Brackets will be displayed if you select loss. You may not need to use all of the lines in the income statement. Prepare a statement of changes in owner's equity for the month of June. Most values are to be entered in the input boxes as positive amounts, because amounts to be subtracted are already indicated on the statement with brackets around the input box. Note that you are required to select income/loss from a drop-down list. Brackets will be displayed if you select loss. Prepare a balance sheet as at the end of June. To begin, select the appropriate accounts using a popup link. Note that when you select an account, brackets may automatically appear around the input box in which you are asked to enter the balance of the account. Next, enter all values as positive amounts because amounts to be subtracted will be indicated on the balance sheet with brackets around the input box. You may not need to use all of the lines in the balance sheet. Precisely Ballroom Income Statement For the month ended June 30, 2022 Precisely Ballroom Statement of Changes in Owner's Equity For the month ended June 30, 2022 Precisely Ballroom Balance Sheet June 30, 2022 Liabilities Current liabilities (select) (select) (select) (select) (select) (select) Total current liabilities Long-term liabilities (select) (select) (select) (select) (select) (select) Total liabilities Equity (select) (select) (select) (select) Total liabilities and equity
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