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Financial Statements The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 2019, the end of the year, and its revenue

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Financial Statements The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 2019, the end of the year, and its revenue and expenses for the year are listed below. The capital of Harper Borg, owner, was $57,900 at May 1, 2018, the beginning of the year, and the owner withdrew $27,200 during the year. Accounts payable Accounts receivable $19,750 105,740 213,470 Cash Fees earned 761,900 Miscellaneous expense Rent expense Supplies Supplies expense 6,080 101,330 9,200 16,210 10,000 60,800 289,520 Taxes expense Utilities expense Wages expense Required: 1. Prepare an income statement for the year ended April 30, 2019. Wilderness Travel Service Income Statement For the Year Ended April 30, 2019 Expenses: 1. Prepare an income statement for the year ended April 30, 2019. Wilderness Travel Service Income Statement For the Year Ended April 30, 2019 Expenses: Total expenses 2. Prepare a statement of owner's equity for the year ended April 30, 2019. Wilderness Travel Service Statement of Owner's Equity For the Year Ended April 30, 2019 Calculator For the Year Ended April 30, 2014 3. Prepare a balance sheet as of April 30, 2019. When entering assets, enter them in order of liquidity. Wilderness Travel Service Balance Sheet April 30, 2019 Assets Total assets Liabilities Owner's Equity Total liabilities and owner's equity 4. What item appears on both the statement of owner's equity and the balance sheet

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