eBook Instructions Income Statement Statement of Owners' Equit Instructions 1. Prepare an income statement. 2. Prepare a statement of owner's equty, If an amount s zero, enter o. 3. Prepare a balance sheet. The following trial balance is taken after one month of operation. TJ's Paint Service Trial Balance July 31, 20 DEBITCREDIT Account TitleACCOUNT NO. BALANCE BALANCE Cash Accounts Receivable Supplies Paint Equipment Accounts Payable T3 Ulza, Capital 101 122 141 183 202 311 4,350 1,150 832 892 2,166 3,288