tdaircollege.ca/webapps/assessment/take/take.jsp?course assessment_id=47282_1&course_id=36960_1&content_id=_1514762_1&questi Balance Adjustments Balance Account Dr. Cr. Dr. Cr. Dr. Cr. Cash $ 14,000 $ 14,000 Accounts receivable 32,000 $ 31,000 63,000 Prepaid insurance 16,800 $ 12,000 4,800 Equipment Accumulated depreciation, equipment 102,000 102,000 $ 23,000 11,500 $ 34,500 Accounts payable 19,000 19,000 Abraham Nuna, capital 213,000 213,000 Abraham Nuna, withdrawals 102,000 102,000 Revenues 214,000 31,000 245,000 Depreciation expense, equipment 0 11,500 11,500 Salaries expense Insurance expense 187,700 14,500 12,000 187,700 26,500 Totals $ 469,000 $ 469,000 $ 54,500 $ 54,500 $511,500 $ 511,500 Using the completed adjusted trial balance columns from the above table, prepare an income statement, a statement of changes in equity, and a balance sheet for the year ended February 28, 2017, Use the account names as they are called in the worksheet. Assume that the owner made no investments during the year. (Be sure to list the assets and liabilities in order of their liquidity. Enter all amounts as positive in the income statement.) ke Test: Assignment # X D B B https://ms.stdaircollege.ca/webapps/assessment/take/take.jsp?course assessment_id=47282_1&course_id=36960_1&content_id=_1514762_18questi NUNA MUSIC Income Statement For Year Ended February 28, 2017 Total operating expenses Profit/loss NUNA MUSIC Statement of Changes in Owner Equity For Year Ended February 28, 2017 Abraham Nuna, capital, March 1 Add $ 8 https://ms.stdaircollege.ca/webapps/assessment/take/takejsp?course assessment id: 47282_1&course_id=36960_1&content_id=_1514762_1&questi Statement of Changes in Owner Equity signment #X + For Year Ended February 28, 2017 Abraham Nuna, capital, March 1 Add: Less: Abraham Nuna, capital, February 28 NUNA MUSIC Balance Sheet February 28, 2017 Assets e to search Less Total Assets Liabilities T a # $ * A 4) ENG 2018 20-07-2019 Take Test: Assignment #X + https://ms.stdaircollege.ca/webapps/assessment/take/take.jsp?course assessment_id=47282_1&course_id=36960_1&content_id=1514762_1&questi Type here to search NUNA MUSIC Balance Sheet February 28, 2017 Assets Less Total Assets Liabilities Equity Total liabilities and equity L 40) ENG I