Reference no: EM132965312
Question - Brothers Chris and Eric Christian are going to open a small automobile detailing business in a converted vintage gasoline station. They are using Raincross in their name to help connect their business to the community, which uses the Raincross symbol as its flag and other civic institutions. They will open on December , 2021. You will set up and keep the books for the first month. As you work in the company file, you will add new customers, vendors, and other information as needed. You will use your own problem-solving skills to complete the report.
Required -
-What would the Trial balance report look like for December 31, 2021, saved as: CH13 Trial Balance 12.31.21?
-What would the Balance sheet report look like for December 31, 2021 (Total Assets equal $26,112.67), saved as: CH13 Balance Sheet 12.31.21?
-What would the statement look like for the month of December 2021 (rename the profit and loss Statement, Net Income equals $12,165.83.), saved as: CH13 Income Statement Dec 2021?
-What would the Inventory valuation summary report as of December 31, 2021, saved as: CH13 Inventory Valuation Summary 12.31.21?
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