Hi friends, happy Monday!

The question is how do I find the numbers and what formula do I used to manipulate the variable to have the correct results.

Kindly explain.

Thanks!

On August 1, 2014, Carter Stark organized a new company called Segura Corporation. On the last day of that month, the company's records showed the items listed below. Use this information to prepare the August income statement and statement of changes in equity as well as the balance sheet at August 31 for Segura Corporation. Account Balance a) Complete the income statement using the format provided. Accounts payable ..... 56,000 Segura Corporation Accounts receivable_. 179,000 Income Statement Advertising expense.... 38,000 For the Month Ended August 31, 2014 Building ...... 232,500 Revenues Cash........ 89,000 X + Commissions earned.. 140,000 X Consulting revenue earned 199,000 Dividends ... 39,000 X Interest expense..........." 38,500 Office salaries expense ...... 132,500 Property taxes payable 38,000 X+ Rent earned.... 155,500 Rent expense .... 65,500 Total revenues,. Expenses Share capital ...: 161,500 Short-term notes payable ... 64,000 X X X + X + X & X + X+ Total expenses. b) Complete the statement of changes in equity using the format provided. Segura Corporation Statement of Changes in Equity For Month Ended August 31, 2014 Share Retained Total Capital Earnings Equity 4 X c) Complete the Balance Sheet. Segura Corporation Balance Sheet August 31, 2014 Assets Liabilities 4 X X+ X + x + X + X + Total liabilities ............. X Equity Total assets.................." X + X + X + Total equity . ... ............".";;;;.".";;; Total liabilities and equity