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William Calvin Owns and Operates Sales Consulting, an Unincorporated Consulting

Question 161

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William Calvin owns and operates Sales Consulting, an unincorporated consulting firm. The following information is based on December 31, 2014 year end ending balances for the firm. (All amounts are in 000's). William Calvin owns and operates Sales Consulting, an unincorporated consulting firm. The following information is based on December 31, 2014 year end ending balances for the firm. (All amounts are in 000's).   Instructions  a. Prepare the income statement for Sales Consulting. b. Prepare the statement of owner's equity. c. Prepare the balance sheet. Instructions
a. Prepare the income statement for Sales Consulting.
b. Prepare the statement of owner's equity.
c. Prepare the balance sheet.

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