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Use the Following Information to Prepare 1) an Income Statement

Question 172

Essay

Use the following information to prepare 1) an income statement, 2) a statement of owner's equity, and 3) a balance sheet for the month ended March 31, 2020 for Bolthouse Company.
J. Bolthouse, Capital (beg.) $2,000
Revenue 900
Expenses 600
Withdrawals 150
Cash 3,000
Equipment 1,000
Accounts Receivable 150
Accounts Payable 2,000

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Bolthouse Company
INCOME STATEMENT
For t...

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