Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

تمرين 10

Preparing financial statements from the trial balance
Link Back to Chapter 1 ( Income Statement, Statement of Retained Earnings, Balance Sheet ). Refer to Problem 2-49B. After completing the trial balance in Problem 2-49B, prepare the following financial statements for John Hilton, CPA, P.C.:
Requirements
1. Income statement for the month ended April 30, 2012.
2. Statement of retained earnings for the month ended April 30, 2012. The beginning balance of retained earnings was $0.
3. Balance sheet at April 30, 2012.