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Can someone please help me fill in this income statement for my study guide? Thank you very much. Guy McKinley started the McKinley Charter Service
Can someone please help me fill in this income statement for my study guide? Thank you very much.
Guy McKinley started the McKinley Charter Service at the beginning of August 2019. On August 31, 2019, the accounting records of the business showed the following information. Equipment Accounts Receivable Fees Income Boats Gasoline Expense Loans Payable Owners' Withdrawal $ 23,500 2,500 32,750 102,500 8,789 81,080 3,150 Rent Expense Cash Salaries Expense Utilities Expense Supplies Initial Investment Accounts Payable $ 6,000 7,100 11,900 2,500 4,700 50,500 8,300 Prepare an income statement and a statement of owner's equity for the month and a balance sheet as of August 31, 2019. Complete this question by entering your answers in the tabs below. Stmt of Income Statement Owners Eqty Balance Sheet This Prepare an income statement for the month of August 31, 2019. MCKINLEY CHARTER SERVICE Income Statement Month Ended August 31, 2019 Revenue: Expenses: Total expenses KIAGE Stene Stmt of Owners Eqty >
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