From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month of May of the current year. Cash $12,000 Accounts Receivable 16,000

  

From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month of May of the current year.Cash$12,000Accounts Receivable16,000Supplies350Equipment16,500Notes Payable$13,000Accounts Payable12,000S. Jones, Capital18,000S. Jones, Drawing550Service Revenue6,000Telephone Expense350Rent Expense1,100Advertising Expense2,150$49,000$49,000Please submit your assignment.

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From the following information, please prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet for the month of May of the current year. Cash $12,000 Accounts Receivable 16,000
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