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Johann White, owner of White Home Decorating Service, has requested that you prepare from the following balances (a) an income statement for November 201X, (b)

Johann White, owner of White Home Decorating Service, has requested that you prepare from the following balances (a) an income statement for November 201X, (b) a statement of owners equity for November, and (c) a balance sheet as of November 30, 201X.

Cash $2,500

Accounts Receivable 400

Decorating Equipment 855

Accounts Payable 720

J. White, Capital, Nov. 1, 201X 1,805

J. White, Withdrawals 700

Home Decorating Fees $ 2,600

Advertising Expenses 145

Repair Expense 55

Travel Expense 110

Supplies Expense 135

Rent Expense 225

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