Using the following partial Excel work sheet for Pendulum Service Co., prepare the Income Statement, the Statement of Changes in Equity, and an unclassified Balance Sheet. Assume the owner did not make any investments in the business during the year.
Definitions:
Delta Waves
Slow, high-amplitude brainwaves associated with the deepest stages of sleep and relaxation, playing a role in brain health and functioning.
Sleep Lab
A sleep lab is a facility equipped for observing and recording a person's sleep patterns to diagnose sleep disorders.
Electroencephalograph (EEG)
A device used to record electrical activity of the brain through electrodes placed on the scalp.
Delta Waves
Slow brain waves predominantly observed in the deepest stages of sleep, indicating deep sleep and unconsciousness.
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