Am i doing this right?

Reference ASSETS = LIAB. EQUITY Contr. + + - Cash + A/R + Furn. = A/P + Div. - Office + Sup. 500 Cap. Com. Stock 60.000 Retained Earnings + Service - Rent Rev. Exp. 20,500 900 Utilities Exp. 340 0 70,760 6.000 0 Bal. 2,000 Il 77,260 77,260 Print [ Done] Print Done T Aaron Shea, CPA Income Statement Month Ended April 30, 2018 Revenues: Service Revenue 20500 Expenses: Accounts Payable Rent Expense 60nn Utilities Expense Expenses: 7240 Net Income