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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
preparation of an Income Statement and Statement of owner’s Equity from an Adjusted trial  Balance
SE8. Malesherbes Company’s adjusted trial balance on June 30, 2014, contains the fol- lowing accounts and balances: C. Fondren, Capital, $12,750; C. Fondren, Withdrawals,
$580; Service Revenue, $6,300; Rent Expense, $900; Wages Expense, $1,050; Utilities Expense, $300; and Telephone Expense, $90. Prepare an income statement and state- ment of owner’s equity for the month of June.
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