Based on the information provided prepare the December 31, 2018 financial statements (Income Statement, Statement of Owner’s Equity, and Balance Sheet)

1. Explain the Importance of Transaction Control Statements in oracle Database. Give Example to support your answer
June 29, 2019
Answer the following questions TRUE OR FALSE
June 29, 2019

Based on the information provided prepare the December 31, 2018 financial statements (Income Statement, Statement of Owner’s Equity, and Balance Sheet)

Based on the information provided prepare the December 31, 2018 financial statements (Income Statement, Statement of Owner’s Equity, and Balance Sheet) for
Nadal, Inc. **Hint** Don’t forget to include the proper headings for each statement. Accounts Payable 5.500
Service Revenue 79,500
Telephone Expense 1,000
Cash 4.000
Accumulated Depreciation—Equipment 56,250
Interest Expense 1.280
Salaries Payable 3,370
Prepaid Insurance 12,200
Insurance Expense 12,000
Notes Payable 191,680
Nadal, Withdrawals 12,500
Accounts Receivable 2.550
Depreciation Expense 4.500
Nadal, Capital 46,200
Salaries Expense 33,370
Equipment 295,000
Unearned Revenue 2.100 Advertising Expense 6,200