1 Molly invested cash in business, $20,000.
1 Purchased (2) new ovens on account for $6,300. The ovens have estimated useful lives of 7 years. The ovens will be paid for in January, with no interest.
1 Molly paid rent for November and December, $3,000 total.
4 Purchased food supplies from Sammys Super Market on account, $2,000.
7 Deposited meal delivery fees, $3,400
10 Paid wages to kitchen workers, $2,000.
11 Purchased kitchen supplies with cash, $500.
14 Deposited meal delivery fees, $3,000.
15 Purchased food supplies from Sammys Super Market on account, $2,500.
21 Deposited meal delivery fees, $3,200.
24 Paid wages to kitchen workers, $2,050.
28 Deposited meal delivery fees, $3,050
30 Paid phone bill, $200.
30 Paid utilities bill, $500.
30 Molly Murphy withdrew cash for personal use, $3,000.
Adjustment information for the end of November is provided below.
(a) Food supplies remaining on hand, $2050. Beginning balance was $2100
(b) Kitchen supplies used during the month, $600. Beginning balance was $1200.
(c) November rent was used.
(d) Depreciation on the kitchen ovens for November, $75. All other ovens and kitchen equipment were fully depreciated earlier in the year.
(e) Wages earned, but not yet paid at end of November, $950.
I NEED THE FINANCIAL STATEMENTS...INCOME STATEMENT, STATEMENT OF OWNERS EQUITY, BALANCE SHEET, POST CLOSING TRIAL BALANCE
