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    Cookie Creations' income statement for November 2015 showed revenues of $10,000 and expenses of $1,000, resulting in net income of $9,000. Their statement of owner's equity for the same period showed that the owner initially invested $5,000 and earned $9,000 in net income during November, bringing the total owner's equity to $14,000 at the end of the month.

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    Cookie Creations' income statement for November 2015 showed revenues of $10,000 and expenses of $1,000, resulting in net income of $9,000. Their statement of owner's equity for the same period showed that the owner initially invested $5,000 and earned $9,000 in net income during November, bringing the total owner's equity to $14,000 at the end of the month.

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    26 views1 page

    ccc3 5

    Uploaded by

    api-274120622
    Cookie Creations' income statement for November 2015 showed revenues of $10,000 and expenses of $1,000, resulting in net income of $9,000. Their statement of owner's equity for the same period showed that the owner initially invested $5,000 and earned $9,000 in net income during November, bringing the total owner's equity to $14,000 at the end of the month.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    cooKtE cREATlof.

    ts
    lncome Statement
    For the Month Ended November 30, 2015

    10
    1

    GOOKIE CREATIOTTIS
    Statement of Ovnefs Equty
    For the Month Ended November 30. 2015

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