Lalonde Engineering Services is owned by Franois Lalonde. Here is a listing, in random order, of financial statement items for the business, for the year ended December 31, 2017.

Cash$7,610

Accounts receivable1,300

Supplies600

Equipment5,800

Accounts payable840

Salaries payable470

F. Lalonde, capital January 1, 2017 6,900

F. Lalonde, drawings 4,300

Service revenue20,860

Rent expense4,800

Salaries expense3,500

Supplies expense800

Utilities expense360

Prepare the income statement:

LALONDE ENGINEERING SERVICES

Income Statement

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Prepare statement of owners equity

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Prepare balance sheet.

Assets

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Liabilities and Owner's Equity

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