Problem

Witter Consulting provides the following trial balance as of June 30, 2010, the end of i...

Witter Consulting provides the following trial balance as of June 30, 2010, the end of its first month of operations.

Required

1. Prepare an income statement for the month.

2. Prepare a statement of owner’s equity for the month.

3. Prepare a balance sheet as of the end of the month.

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Solutions For Problems in Chapter 3