eBook Show Me How Work Sheet (Partial) For Month Ended January 31, 20-- \begin{tabular}{|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ ACCOUNT TITLE } & \multicolumn{2}{|c|}{ Income Statement } & \multicolumn{2}{|c|}{ Balance Sheet } \\ \hline & DEBIT & CREDIT & \multicolumn{2}{|r|}{ CREDIT } \\ \hline Cash & & & \multicolumn{2}{|c|}{405.00} \\ \hline Accounts Receivable & & & \multicolumn{2}{|c|}{930.00} \\ \hline Supplies & & & \multicolumn{2}{|c|}{357.00} \\ \hline Prepaid Insurance & & & \multicolumn{2}{|l|}{700.00} \\ \hline Office Equipment & & & \multicolumn{2}{|l|}{3,600,00} \\ \hline Accum, Depr--office Equipment & & & \multicolumn{2}{|r|}{190.00} \\ \hline Accounts payable & & & \multicolumn{2}{|r|}{970.00} \\ \hline Wages payable & & & \multicolumn{2}{|r|}{320.00} \\ \hline Ed Major, Capital & & & \multicolumn{2}{|r|}{4,100.00} \\ \hline Ed Major, Drawing & & & \multicolumn{2}{|l|}{850.00} \\ \hline Advising Fees & \multicolumn{4}{|c|}{3,200.00} \\ \hline Wages Expense & \multicolumn{4}{|l|}{750.00} \\ \hline Advertising Expense & \multicolumn{4}{|l|}{90.00} \\ \hline Rent Expense & \multicolumn{4}{|l|}{500.00} \\ \hline Supplies Expense & \multicolumn{4}{|l|}{150.00} \\ \hline Phone Expense & \multicolumn{4}{|l|}{64.00} \\ \hline Electricity Expense & \multicolumn{4}{|l|}{41.00} \\ \hline Insurance Expense & \multicolumn{4}{|l|}{81.00} \\ \hline Gas and oil Expense & \multicolumn{4}{|l|}{46.00} \\ \hline Depr. Expense-office Equipment & \multicolumn{4}{|l|}{190.00} \\ \hline Miscellaneous Expense & \multicolumn{4}{|l|}{26.00} \\ \hline 6 & 1,938.00 & 3,200,00 & 6,842.00 & 5,580.00 \\ \hline \multirow[t]{2}{*}{ Net income } & 1,262.00 & & & 1,262.00 \\ \hline & 3,200,00 & 3,200,00 & 6,842,00 & 6,842,00 \\ \hline \end{tabular} Major Advising Balance Sheet January 31, 20-- Assets Current assets: Total current assets Property, plant, and equipment: Total assets Liabilities Current liabilities: Major Advising Statement of Owner's Equity For Month Ended January 31, 20-- Ed Major, capital, January 1, 20-- Net income for January Less withdrawals for January Increase in capital Ed Major, capital, January 31, 20