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From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month of May of the current year.
Cash
$12,000
Accounts Receivable
16,000
Supplies
350
Equipment
16,500
Notes Payable
$13,000
Accounts Payable
12,000
S. Jones, Capital
18,000
S. Jones, Drawing
550
Service Revenue
6,000
Telephone Expense
350
Rent Expense
1,100
Advertising Expense
2,150
$49,000
$49,000
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Write a two-page expository essay in APA 7th edition format. The attached files contain the details of the essay. Please write in an active voice. First read the PDF article titled, “Do Large-Scale Co
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