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Feather Light Travelling Trains has completed all of its journal entries and adjusting entries for the month of February 2 0 1 9 . The

Feather Light Travelling Trains has completed all of its journal entries and adjusting entries for the month of February 2019. The adjusted trial balance is shown below. Note: during the month of February, the owner of Feather Light Travelling Trains invested $8,640 into the business.
Feather Light Travelling Trains
Adjusted Trial Balance
February 28,2019
Account Titles DR CR
Cash $ 8,490
Accounts Receivable $ 7,200
Prepaid Insurance $ 1,160
Equipment $ 64,110
Accumulated Depreciation-Equipment $ 1,780
Accounts Payable $ 9,830
Interest Payable $ 100
Unearned Revenue $ 5,220
Bank Loan $ 15,880
Murray, Capital $ 46,920
Murray, Withdrawals $ 1,260
Service Revenue $ 5,450
Advertising Expense $ 400
Depreciation Expense $ 370
Insurance Expense $ 450
Interest Expense $ 460
Rent Expense $ 1,280
Total $ 85,180 $ 85,180
Required
Prepare the income statement, statement of owner's equity, and balance sheet.
Do not enter dollar signs, negative signs, or commas in the input boxes.
Feather Light Travelling Trains
Income Statement
For the Month Ended February 28,2019
Revenue
Service Revenue Answer
Expenses
Advertising Expense Answer
Depreciation Expense Answer
Insurance Expense Answer
Interest Expense Answer
Rent Expense Answer
Total Expenses Answer
Net Income (Loss) Answer
Feather Light Travelling Trains
Statement of Owner's Equity
For the Month Ended February 28,2019
Murray, Capital at February 1,2019 Answer
Add:
Net Income (Loss) Answer
Investments Answer
Total Additions Answer
Subtotal Answer
Less: Murray, Withdrawals Answer
Murray, Capital at February 28,2019 Answer
Feather Light Travelling Trains
Balance Sheet
As at February 28,2019
Assets
Cash Answer
Accounts Receivable Answer
Prepaid Insurance Answer
Equipment Answer
Less: Accumulated Depreciation-Equipment Answer
Net Equipment Answer
Total Assets Answer
Liabilities
Accounts Payable Answer
Interest Payable Answer
Unearned Revenue Answer
Bank Loan Answer
Total Liabilities Answer
Owner's Equity
Murray, Capital Answer
Total Liabilities and Owner's Equity
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