J. Revere Worksheet For the Month Ended December 31, 2023 Income Statement Balance Sheet Trial Balance Adjustments Adjusted Trial Balance Debit Credit Debit Credit Credit Debit Credit Debit Credit Debit Account Titles 4 4 Cash 4 10 10 Accounts Receivable 10 4 7 3 4 5 5 5 10 20 20 20 Prepaid Insurance Store Supplies Store Equipment Accumulated Depr Equip Accounts Payable J. Revere Capital 12 12 6 6 12 12 12 6 6 G 6 6 Accounts Payable J. Revere, Capital J. Revere, Withdrawals Revenue from Clients Rent Expense 3 46 46 46 9 9 91 Wage Expense 7 8 15 15 70 70 3 3 Depr . Expense, Equip Insurance Expense Store Supplies Expense Wages Payable 22 22 84 Total 38 461 46 Net Income CO Tots 22 22 84 84 16 45 38 Net soome 38 8 = Test: Midterm 1 Question 7 Consider the following worksheet for J. Revere as of December 31, 2023. BE! (Click the icon to view the worksheet.) From the completed worksheet prepare the following An income statement for December b. A statement of owner's equity for December c. A balance sheet as of December 31, 2023 a Begin by preparing the heading, and then complete the income statement (Use parentheses or a minus sign for a negative net income Revenue Operating Expenses Consider the following worksheet for J. Revere as of December 31, 2023. E (Click the icon to view the worksheet.) From the completed worksheet, prepare the following: a. An income statement for December b. A statement of owner's equity for December C. A balance sheet as of December 31, 2023 Total Operating Expenses Net income Requirement b. Prepare a statement of owner's equity for December Begin by preparing the heading, and then complete the statement of owner's equity. (Use parentheses or an Begin by preparing the heading and then complete the statement of owner's equity (Une parentheses or a minus slon to enter a decrease in capital in Capital Requiremente. Prepare a balance sheet as of December 31 2023 Begin by preparing the heading, and then complete the asset portion of the balance sheet followed by the liabilities and owner's equity sections. Assets Liabilities Total liabilities Owner Capital Less Revere as of December 31, 2023. (Click the icon to view the worksheet.). From the completed worksheet prepare the following a. An income statement for December b. A statement of owner's equity for December c. A balance sheet as of December 31, 2023 Assets Liabilities Total liabilities Owner Capital Less Total assets Total liabilities and owner's equity