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#3 (12 pts.) the December 31, 2012, and 3) a balance sheet at December 31, 2012. Cash Furniture Store equipment Note payable Revenues Rent expense

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#3 (12 pts.) the December 31, 2012, and 3) a balance sheet at December 31, 2012. Cash Furniture Store equipment Note payable Revenues Rent expense Wages expense sing the following accounts and their balances, create 1) an income statement for year ended December 31, 2012, 2) a statement of owners' equity for the year ended $ 2,330 600 16,200 800 1,855 500 125 18,000 900 Investments by owner Withdrawals by owner XYZ Company Income Statement For the year ended December 31, 2012 XYZ Company Statement of Owners' Equity For the year ended December 31, 2012 2 96 XYZ Company Balance Sheet December 31, 2012 (10 pts.) Record the journal entry for each of the following transactions (do not update the ences of the accounts for each transaction-you'll do that in #4 below)

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