1. Prepare an income statement.

2. Prepare a statement of owner's equity. If an amount is zero, enter "0".

3. Prepare a balance sheet.

Diane Bernick opened Bernick's Consulting on 1/1/20-- when she made a $12,000 investment. Below is an alphabetical listing of accounts for Bernick Consulting as of January 31, 20--.

Accounts Payable	$1,350
Cash	$10,990
Consulting Fees	$1,750
Diane Bernick, Capital	$12,000
Diane Bernick, Drawing	$400
Miscellaneous Expense	$20
Office Equipment	$1,300
Office Supplies	$250
Rent Expense	$750
Phone Expense	$85
Utilities Expense	$105
Wages Expense	$1,200