eBook Caloulator Print Item Income Statement Items From the following list of selected items taken from the records of Rosewood Appliance Service as of a specific date, identity those items that would appear on the income statement 1. Accounts Payable 2. Accounts Receivable 3. Andrew King, Capital 4. Cash 5. Fees Earned 6. Land 7. Rent Expense 8. Supplies 9. Wages Expense 10. Wages Payable 16 B888888E & 5 6 7 4 P U Net Income and Owner's Equity for Four Businesses Four different proprietorships, Jupiter, Mars, Satum, and Venus, show the same balance sheet data at the beginning and end of a year. These data, exclusive of the amount of owner's equity, are summarized as follows: Total Assets Total Liabilities $215,000 $550,000 Beginning of the year 844,000 320,000 End of the year On the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year (Hint: First determine the amount of increase or decrease in owner's equity during the year.) estments in the business and had made no withdrawals from the business. Jupiter: The owner had made no additional The owner had made no additional investments in the business but had withdrawn $36,000. Mars: The owner had made an additional investment of $60,000 but had made no withdrawals. Satun: The owner had made an additional investment of $60,000 and had withdrawn $36,000 Venus: Jupiter Mars Saturn Venus 16