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Current Attempt in Progress Coronado Russell opened Total Care Services on May 1, 2024. Prepare an income statement ement of owner's equity and a balance
Current Attempt in Progress Coronado Russell opened Total Care Services on May 1, 2024. Prepare an income statement ement of owner's equity and a balance sheet for Total Care Services for the month ended, May 31, 2024, using the follow accounts in the first month of operations Cash $1,390 Accounts Receivable $1,394 Supplies $287 Vehicles $2.460 Equipment $1,886 Accounts Payable $574 C. Russell, Capital $4.750 C. Russell, Drawings $820 Service Revenue $3,034 Fuel Expense Telephone Expense 590 $37 The owners' capital at the beginning of the year was $0 because this is a new entity. The owner made an investment of $4.756 during the year The owners' capital at the beginning of the year was 50 because a new ently be owner made an investment of $4.756 during the year. Prepare the income statement for Total Care Services TOTAL CARE SERVICES Income Statement eTextbook and Media Prepare the owner's equity statement for Total Care Ser TOTAL CARE SERVICE Statement of Owner's em that increases equity first) TOTAL CARE SERVICES Balance Sheet Assets $ Liabilities and Owner's Equity Liabilities and Owner's Equity eTextbook and Media $ Assistance
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