(L.OBJ. 6) Preparing the financial statements [20 min] Refer to the adjusted trial bala...

(L.OBJ. 6) Preparing the financial statements [20 min]

Refer to the adjusted trial balance in Exercise 3-21 for the month ended April 30, 2010.

Requirements

1. Prepare the income statement.

2. Prepare the statement of owner’s equity.

3. Prepare the balance sheet.