Carlos Perez Delivery Service Work Sheet (Partial) For Month Ended January 31, 2017 Income Statement Account Title Debit Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accum. Dent. -- Equinu Accounts Payable Wages Payable Carlos Perez, Capital Carlos Perez, Drawing Consulting Fees Wages Expense 880 Rent Expense 1,100 Supplies Expense 220 Telephone Expense 175 Electricity Expense 320 Insurance Expense 550 Depr. Exp.-Delivery Equip. 400 Miscellaneous Expense 3,700 6,400 Net Income 2.700 6,400 6,400 Balance Sheet Debit Credit 11,000 1,500 1,200 800 5,000 400 900 1,400 15,600 1,500 6,400 55 21,000 18,300 2,700 21,000 21.000 a. prepare an Income statement Carlos Perez Delivery Service Income Statement For Month Ended January 31, 2017 b. Prepare a statement of owner's equity Carlos Perez Delivery Service Statement of Owner's Equity For Month Ended January 31, 2017 Carlos Perez Delivery Service Balance Sheet January 31, 2017 Assets Current assets: Property, plant, and equipment: Liabilities Current liabilities: Owner's Equity