Clove Save and Sub Question 16 of 16 Click Submit to complete this assessment. Question 16 2x points Save Mr. Wilson started tax services "Wilson Tax Consultants with a capital investment of $50,000 on January 1, 2019 in the city of Buffalo. He provides you with the following accounting information for the year ended 31 December 2019 Cash $7,400 55,500 Prepaid rent 2.800 6,510 Utilities expense Accounts receivable 8,000 Rent expense 3,000 Accounts payable 2,000 9,250 Office furniture Drawings, Wilson 83,000 4,900 General office expenses Long term bank loan 1,950 1,250 Salaries payable Office supplies expense 13,500 23,160 Office equipment Services revenues 100,000 Building Required: Using the above given information, prepare following financial statements for the Wilson Tax Consultants for the year ended December 31, 2019, Income Statement. b) Owner's Equity Statement. MacBook Pro esc $ % 5 & 6 7 7 V 8 9 o 4 E 3 ! 1 2 Y a T R