Complete the financial statements that follow by determining the amounts that correspond to the… 1 answer below »

Complete the financial statements that follow by determining the amounts that correspond to the letters. (Assume no new investments by owners.) Income statement Revenues……… $11,100 Expenses………. (a) Net income……… $ (b) Statement of Owner’ Equity Beginning balance….. $29,000 Net income……… (c) Less withdrawals…… 2,000 Ending balance…….. $30,000 Balance Sheet Total assets……….. $ (d) Total liabilities…….. $16,000 Owner’s equity (T. Proviso, capital). (e) Total liabilities and owner’s equity… $ (f)

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