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The document provides the adjusted trial balance, income statement, and owner's equity statement for Pioneer Advertising Agency for the month ended October 31, 1999. The income statement shows revenues of $10,600 and expenses of $7,740, resulting in net income of $2,860. The owner's equity statement shows that owner C.R. Byrd invested $10,000 and the company earned $2,860 in net income, less $500 in drawings, bringing the total capital to $12,360.
The document provides the adjusted trial balance, income statement, and owner's equity statement for Pioneer Advertising Agency for the month ended October 31, 1999. The income statement shows revenues of $10,600 and expenses of $7,740, resulting in net income of $2,860. The owner's equity statement shows that owner C.R. Byrd invested $10,000 and the company earned $2,860 in net income, less $500 in drawings, bringing the total capital to $12,360.
Droits d'auteur :
Attribution Non-Commercial (BY-NC)
Formats disponibles
Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
The document provides the adjusted trial balance, income statement, and owner's equity statement for Pioneer Advertising Agency for the month ended October 31, 1999. The income statement shows revenues of $10,600 and expenses of $7,740, resulting in net income of $2,860. The owner's equity statement shows that owner C.R. Byrd invested $10,000 and the company earned $2,860 in net income, less $500 in drawings, bringing the total capital to $12,360.
Droits d'auteur :
Attribution Non-Commercial (BY-NC)
Formats disponibles
Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd