the bekele company was incorporated on april 1 20×0 bekele had 10 holders of common stock rosa bekele the president and chief executive officer
Required
1. Prepare an analysis of Bekele Company’s transactions, employing the balance sheet equation approach demonstrated in Exhibit. Show all amounts in thousands.
2. Prepare a balance sheet as of April 30, 20X0, and an income statement for the month of April. Ignore income taxes.
3. Given these sparse facts, analyze Bekele’s performance for April and its financial position as of April 30, 20X0.

