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connect. ACCO ent on Chapter 2 Question 7 (ot value 10.00 points Media Marketing services has been operating for several years. it showed the tollowing
connect. ACCO ent on Chapter 2 Question 7 (ot value 10.00 points Media Marketing services has been operating for several years. it showed the tollowing trial balance information (n alpt Debit Credit Accounts payable Accounts receivable Building Cash Revenue Sam Smith, capital Sam Smith, withdrawals Land Machinery Notes payable Office supplies Office supplies expense Wages expense $ 46,000 $ 3,000 80,000 17,000 126,000 122,000 18,000 84,000 50,000 114,000 3,000 7,000 146,000 Totals $ 408,000 $408.000 The $122.000 balance includes $35,000 invested by the owner duning March Required: Using the information provided, prepare an income statement and a statement of changes in equity for the month ended Marc MEDIA MARKETING SERVICES Income Statement For Month Ended March 31, 2017 Revenue Operating expenses Office supplies expense Wages expense 7.000 146,000 Ask me anything
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