Journal Entries
Date	Detail	Debit	Credit
Nov. 1	Cash	600000
	Common Stock		50000
	Additional Paid in Capital		550000
	Land and building	600000
	Common stock		50000
	Additional paid in capital		550000
Nov. 15	Service expense	35000
	Account payable		35000
Nov. 15	Equipment	4125000
	Cash		125000
	ST note payable		800000
	LT note payable		3200000
Nov. 30	Account Payable	35000
	Common stock		2500
	Additional paid on capital		22500
	Cash		10000
Dec. 5	Equipment	60000
	Cash		60000
Dec. 5	Prepaid expense	3600
	Cash		3600
Dec. 15	Supplies	1200
	Account payable		1200
Dec. 22	Prepaid expense	60000
	Cash		60000
Dec. 31	Ad expense	3000
	Cash		3000
Dec. 31	Ad expense	7000
	Account payable		7000
Dec. 31	Wage expense	3000
	Cash		3000
Dec. 31	Utilities expense	3000
	Cash		3000
Dec. 31	Utilities expense	1000
	Account payable		1000

Btown Coash Servise
Income Statemnt
For the Period Ended Jan 31, 2016
Sales Revevue:
Total Sales	0
Net Sales Revenue		0
Cost of Goods Sold	0
Total Cost of Goods Sold		0
Gross Profit		0
Operating Expenses
Service Expenses	35000
Ad Expense	10000
Utility Expenses	3000
Wages Expenses	4000
Supplies Expenses	1200
Total operating Expenses		53200
Operating Income		-53200
Net Income		-53200	How to do the balance sheet