EA2-E2 Create Financial Statements for BeBo Industries In this exercise, you will create an income...
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EA2-E2 Create Financial Statements for BeBo Industries In this exercise, you will create an income statement, statement of owner's equity, and balance sheet in Excel for BeBo Industries. With the exception of the Lily Ruth, Capital account (the balance for which is from 8/1/2016), the company had the following account balances as of 8/31/2016. Expense Accounts Payable Accounts Receivable Cash Equipment Lily Ruth, Capital - 8/1/2016 Lily Ruth, Drawing Maintenance Expense $3,700 $3,400 $27,000 $9,100 $34,000 $1,400 $1,900 Security Expense Service Revenue Supplies Expense Telephone Expense Utilities Expense Wages Expense $1,200 $14,100 $900 $1,500 $2,100 $3,300 When creating the financial statements, be certain to use the techniques from this chapter to present each in good form
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