Use the following information to prepare 1)an income statement,2)a statement of owner's equity,and 3)a balance sheet for the month ended March 31,200x for Bolthouse Company.
$$\begin{array} { l r }
\text { J. Bolthouse, Capital (beg.) } & \$ 2,000 \
\text { Revenue } & 1000 \
\text { Expenses } & 300 \
\text { Withdrawals } & 150 \
\text { Cash } & 3,000 \
\text { Equipment } & 1,000 \
\text { Accounts Receivable } & 150 \
\text { Accounts Payable } & 2,000
\end{array}$$

Question

Use the following information to prepare 1)an income statement,2)a statement of owner's equity,and 3)a balance sheet for the month ended March 31,200x for Bolthouse Company.
 $$\begin{array} { l r } 
\text { J. Bolthouse, Capital (beg.) } & \$ 2,000 \
\text { Revenue } & 1000 \
\text { Expenses } & 300 \
\text { Withdrawals } & 150 \
\text { Cash } & 3,000 \
\text { Equipment } & 1,000 \
\text { Accounts Receivable } & 150 \
\text { Accounts Payable } & 2,000
\end{array}$$

Quizplus · Accepted Answer

The Answer of Use the following information to prepare 1)an income statement,2)a statement of owner's equity,and 3)a balance sheet for the month ended March 31,200x for Bolthouse Company.
 $$\begin{array} { l r } 
\text { J. Bolthouse, Capital (beg.) } & \$ 2,000 \
\text { Revenue } & 1000 \
\text { Expenses } & 300 \
\text { Withdrawals } & 150 \
\text { Cash } & 3,000 \
\text { Equipment } & 1,000 \
\text { Accounts Receivable } & 150 \
\text { Accounts Payable } & 2,000
\end{array}$$

Use the Following Information to Prepare 1)an Income Statement,2)a Statement