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Financial Statements The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 2045, 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, 2045, the end of the year, and its revenue and expenses for the year are listed below. The capital of Harper Borg, owner, was $42,030 at May 1, 2014, the beginning of the year, and the owner withdrew $19,800 during the year. $14,740 Accounts payable Accounts receivable 78,900 Cash 159,260 553,000 Fees earned 4,300 Miscellaneous expense Rent expense Supplies Supplies expense Taxes expense 71,610 6,860 11,460 10,000 42,970 Utilities expense 204,610 Wages expense Wagtes expense ZUOTU Required: 1. Prepare an income statement for the year ended April 30, 20Y5. Wilderness Travel Service Income Statement For the Year Ended April 30, 2045 Expenses: Total expenses > 2. Prepare a statement of owner's equity for the year ended April 30, 2015. Wilderness Travel Service Statement of Owner's Equity For the Year Ended April 30, 2015 I 3. Prepare a balance sheet as of April 30, 20Y5. When entering assets, enter them in order of liquidity. Wilderness Travel Service Balance Sheet April 30, 2015 Assets 10 Total assets Liabilities I Owner's Equity Total liabilities and owner's equity 4. What item appears on both the income statement and statement of owner's equity

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