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dentify the Account Type and Financial Statement for each account of Target-Line Golf: Target-Line Golf Driving Range Income Statement For month ended May 31 Revenues:

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dentify the Account Type and Financial Statement for each account of Target-Line Golf: Target-Line Golf Driving Range Income Statement For month ended May 31 Revenues: Expenses: Net Income Target-Line Golf Driving Range Statement of Owners Equity For month ended May 31 Owner's Capital Contribution (May 1) Hint: Beginning balance is amount given E plain what the financial statements tell you about Target-Line Golf. Problem B Identify the Account Type and Financial Statement for each account of RodCast Company: \begin{tabular}{|l|c|l|l|} \hline \multicolumn{1}{|c|}{ Account } & Balance & Account Type & Financial Statement \\ \hline Accounts payable & $43,100 & & \\ \hline Accounts receivable & $85,000 & & \\ \hline Cash & $55,320 & & \\ \hline Beg. Owner's Capital & $125,000 & & \\ \hline Owner Withdrawals & $28,000 & & \\ \hline Machinery & $70,000 & & \\ \hline Rent expense & $24,000 & & \\ \hline Owner's Capital Contribution & $70,000 & & \\ \hline Salaries Expense & $65,000 & & \\ \hline Service Revenue & $165,320 & & \\ \hline Supplies & $2,350 & & \\ \hline Trucks & $60,000 & & \\ \hline Utilities Expense & $13,750 & & \\ \hline & & & \\ \hline \end{tabular} RlodCast Company Income Statement For Year Ended December 31 Revenues: Service revenue Total Revenues Expenses: Total Expenses Net Income RodCast Company Statement of Owner's Equity For Year Ended December 31 Begianing Owner's Capital Add: Subtract: Ending Owner's Equity RodCast Company Balance Sheet December 31 \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{2}{|c|}{ December 31} \\ \hline Assets & \multicolumn{2}{|c|}{ Liobilities ond Equity } \\ \hline & & & \\ \hline & & & \\ \hline Total Assets & & & \\ \hline \end{tabular} Analysis: Answer the questions and include WHERE you found the information. How much profit did RodCast make last year? How much of the RodCast's earnings did the owner withdraw this year? How much do customers owe RodCast? How much does RodCast owe next year? Where does the Ending Owner's Equity amount on the balance sheet come from

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