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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Preparation and Integration of Financial Statements
e11A. Complete the financial statements that follow by determining the amounts that correspond to the letters. (Assume no new investments by owners.)
Income Statement
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Revenues $11,100
Expenses (a)
Net income $ (b)
Statement of owner’s 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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