Question: From the following account balances, prepare in proper form for September (a) An income statement, (b) A statement of owners equity, (c) A balance sheet

From the following account balances, prepare in proper form for September

(a) An income statement,
(b) A statement of ownerâ€™s equity,
(c) A balance sheet for FrechetteRealty.

Cash Accounts Receivable Office Equipment Accounts Payable S. Frechette, Capital, September 1, 201X S 7,050 S. Frechette, Withdrawals 800 4,000 400 360 400 1,060 Professional Fees 6,700 Salaries Expense 2,000 Utilities Expense 10,770 Rent Expense

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