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(b1) (62) Prepare an income statement for the month of March (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) CRANE ROOFING Income Statement CRANE ROOFING Owner's Equity Statement T. Crane made an additional investment in the business of $9,863 in March. Prepare an owner's equity statement for the month of March. (List items that increase owner's equity first.) W $ $ $

(b1) (62) Prepare an income statement for the month of March (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) CRANE ROOFING Income Statement CRANE ROOFING Owner's Equity Statement T. Crane made an additional investment in the business of $9,863 in March. Prepare an owner's equity statement for the month of March. (List items that increase owner's equity first.) W $ $ $

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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(b1) (62) Prepare an income statement for the month of March (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45)) CRANE ROOFING Income Statement CRANE ROOFING Owner's Equity Statement T. Crane made an additional investment in the business of $9,863 in March. Prepare an owner's equity statement for the month of March. (List items that increase owner's equity first.) W $ $ $
Transcribed Image Text:(b1) (62) Prepare an income statement for the month of March (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45)) CRANE ROOFING Income Statement CRANE ROOFING Owner's Equity Statement T. Crane made an additional investment in the business of $9,863 in March. Prepare an owner's equity statement for the month of March. (List items that increase owner's equity first.) W $ $ $
The trial balance columns of the worksheet for Crane Roofing at March 31, 2022, are as follows. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense 1 Crane Roofing Worksheet For the Month Ended March 31, 2022 Other data: 2 Account Titles 3. 4. Trial Balance Dr. 4.600 2,800 2,350 10,868 1,010 1,450 360 23,438 Cr. 1,235 2.760 580 12,763 6.100 23.438 A physical count reveals only $600 of roofing supplies on hand. Depreciation for March is $247. Unearned revenue amounted to $240 at March 31. Accrued salaries are $800.
Transcribed Image Text:The trial balance columns of the worksheet for Crane Roofing at March 31, 2022, are as follows. Cash Accounts Receivable Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense 1 Crane Roofing Worksheet For the Month Ended March 31, 2022 Other data: 2 Account Titles 3. 4. Trial Balance Dr. 4.600 2,800 2,350 10,868 1,010 1,450 360 23,438 Cr. 1,235 2.760 580 12,763 6.100 23.438 A physical count reveals only $600 of roofing supplies on hand. Depreciation for March is $247. Unearned revenue amounted to $240 at March 31. Accrued salaries are $800.
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