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Carla Vista Company is owned and operated by Natasha Woods. In alphabetical order below are the financial statement items for Carla Vista Company. Accounts payable

Carla Vista Company is owned and operated by Natasha Woods. In alphabetical order below are the financial statement items for Carla Vista Company.

Accounts payable $96,000 N. Woods, capital, October 1, 2017 $36,100

Accounts receivable 81,500 N. Woods, drawings 6,000

Advertising expense 4,000 Rent expense 2,300

Cash 61,600 Service revenue 23,300

CARLA VISTA COMPANY

Income Statement

Month Ended October 31, 2017

Revenues

Service revenue $23,300

Expenses

Advertising expense

$4,000

Rent expense

2,300

Total expenses

6,300

Profit

$17,000

CARLA VISTA COMPANY

Statement of Owner's Equity

Month Ended October 31, 2017

N. Woods, Capital, October 1 $36,100

Add: Profit 17,000

53,100

Less: Drawings 6,000

N. Woods, Capital, October 31 $47,100

Using the above data and the information from Carla Vista's statement of owner's equity, make balance sheet for Carla Vista Company.

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