125 2 IntTalent CES CARMELO BOWL Income Statement For Year linded to Use the following panlal worksheet from Carmelo Bol to prepare te income Aement of owner's equity and classified balance sheet (Assume the owner did not make an investments in the business this year) Carmelo How Worksheet For the Year Ended June 20 Balance Sheet Sement Boting Reve Expenses DE C Account Cach Account Rei Office Supplies Prepaid in Dr $11,275 $1,750 SO 13,400 SI Accumulated depreciation Salaries payable G Care Capital G Car withdrawal Hing Depreciation CARMELO BOWL Statement of Ows qui S. 10,000 146428 $137.405 6. Castelaning Balance Phase 10 $12,7 BITIT Lewiwale G. Carmelo, lance Rent Office Supplies expose Hepairp 10. $1,00 5.00 11.40 40 110 3750 SES 5121,70 $137,675 CARMELO BOWL Balance Sheet 30-Jun SU37,495 3191,40 Assets Totale Nering Totale STI, 1,750 $191,450 CA SU37.675 5191,60 MacBook Air Total expenses 521,700 $200 $50,000 CARMELO BOWL Statement of Owner's Equity For Year Ended June 30 G. Carmelo, Beginning Balance Plus net income $50,000 $121,750 $171,750 (546,425) Less withdrawals G. Carmelo, Ending balance $125,325 CARMELO BOWL Balance Sheet 10.Jun 5,650 Assets $71,900 $121,750 5193,650 Current Assets 33,650 Plant Assets Total Arts Liabilities Current liabi Total current liabilities yet Total Liabilities & Onity MacBook Air 5 6 7 8 9 O R Y T C 0 G H J K L > ? V B N M V