Based on the following trial balance for Sal's Beauty Shop, prepare an income statement, statement of owner's equity, and a balance sheet. Sal made no additional investments in the company during the year.
Definitions:
Coupon Codes
Alphanumeric strings offered by retailers to consumers for a discount on purchases, typically entered at checkout on online shopping sites.
Smart Lock
An electromechanical lock designed to perform locking and unlocking operations when it receives such instructions from an authorized device using a wireless protocol.
Cellular Connection
A type of wireless communication link, used in mobile devices, that connects to the internet or other networks via a cellular network.
Machine Learning
A subset of artificial intelligence involving algorithms and statistical models that enable computers to perform specific tasks without explicit instructions, based on pattern recognition and inference.
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