10.use the following income statemner for the year 2016 for belle company to pewpare entries to close the revenue and expense accounts for the company.

11. prepare an income statement,an owner's equity statement, and a balance sheet for the acupuncture practice of golda bear,

10. Use the following income statement for the year 2016 for Belle Company to prepare entries to close the revenue and expense accounts for the company. Service revenue $85,000 Expenses: Salaries and Wages Expense $40,000 Rent Expense 12,500 Advertising Expense 8,700 Total expenses 61,200 Net income (loss) $23,800 11. Prepare an income statement, an owner's equity statement, and a balance sheet for the acupuncture practice of Golda Bear, from the items listed below for the month of September 2016. $47,000 Owner's Capital, September 1 Accounts payable 7,000 Equipment 35,000 Service revenue 28,000 Owner's Drawings 6,000 Insurance expense 4,500 Cash 3,000 Utilities expense 700 Supplies 4,800 Salaries and wages expense 9,000 Accounts receivable 14,000 Rent expense 5,000