$39,587 ($16,555) ($23,032) $0 Balance ($6,032) ($6,032) ASSETS LIABILITIES EQUITY INCOME STATEMENT Inc Dec Dec Inc Dec Inc Dec Inc Cash Accounts Receivable Accounts Payable Beg $5,820 $17,280 Owner's Capital $20,000 Service Revenue $1,690 From Operations $980 $3,600 $3,000 $5,820 $1,200 $2,110 $2,110 $3,000 $6,950 ($13,680) ($17,000) $125 ($9,745) $680 $942 Prepaid Insurance Deferred Service Revenue Income Summary $1,690 $1,200 $3,000 Rent Expense $680 $430 $100 $125 $3,600 $3,000 $1,100 ($2,875) $980 $20,000 $1,800 Supplies $85 $942 From Investing $330 $612 $680 Office Expense $430 $85 From Financing $13,933 Equipment $17,280 Accum. Depreciation $288 Please help with the income summary $17,280 ($288) $0 $515 Salaries & Wages Expense $1,800 $1,800 Insurance Expense $100 $100 Supplies Expense $330 Depreciation Expense $288 $330 $288