50640178210 966AA 323-B457-4C37-AE3C-4A722492DAD5 JPG copy -Edited Chapter 1 Introduction to Accounting and Business OBJ, 5 PR 1-2B Financial statements The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 2014, the end of the current year, and its revenue and expenses for the year are listed below. of Harper Borg, owner, was $180,000 at May 1, 2013, the beginning of the current year, and the owner withdrew $40,000 during the current year. s 25.000 supplies. 12,000 Accounts receivable Supplies expense 210.000 Fees earned Utilities expense 15000 Wages expense 75,000 1. Prepare an income statement for the current year ended April 30, 2014. 2. Prepare a statement of owners equity for the current year ended April 30, 2014. 3. Prepare a balance sheet as of April 30, 2014. What item appears on both the income statement and statement of owner's equity? PR 1-3B Financial statements Jose Loder established Bronco Consulting on August 1, 2014. The effect of each transac- tion and the balances after each transaction for August are shown below. Jose Loder. Fees salaries Rent Auto supples Misc unts Loder Expense Expense -27.000 27,000 27,000