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answer this question with clarify income statement, statement of owners equity and balance sheet. The owner of Interior Designs, Ima Designer, in St. John's has

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answer this question with clarify income statement, statement of owners equity and balance sheet.

image text in transcribed

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The owner of Interior Designs, Ima Designer, in St. John's has asked you to complete the financial statements from the worksheet below. The yearend is December 31, 2021. Income Statement DR CR DR Account titles Cash Petty Cash Accounts receivable Inventory Supplies Prepaid Rent Prepaid Insurance Store Equipment Accumulated depreciation - Store Equipment Accounts payable Income Tax Payable CPP Payable El Payable Unearned Rent Accrued Salaries Payable Mortgage Payable Ima Designer, Capital Ima Designer, withdrawals Sales Sales returns and allowances Sales Discounts Cost of Goods Sold Salaries Expense Payroll Tax Expense Postage Expense Rent Expense Supplies Expense Insurance Expense Depreciation Expense - Store Equipment Interest Expense Balance Sheet CR $10,816 480 5,024 10,184 1,888 1,232 2,430 18,560 15,200 11,928 1,240 360 230 600 310 2,320 10,952 9,600 115,903 192 4,800 57,904 14,816 420 25 13,200 420 4,800 1,100 1,152 Income Statement: Statement of Owner's Equity I Balance Sheet

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