lay 1, 2014, Adam Uppe organized a new company called ABC Inc. On the last day of that month, the company's records showed the items listed below. Use this information to prepare the May Income statement and statement of eges in equity as well as the balance sheet at May 31 for ABC Inc. Account Accounts payable Cornussons earned Consulting revenue earned Dividends Equipment Furniture Interest camned Interest expense ierosi payable Land Property taxes payable Rent earned Shat capital Short-term votos payable les experts Halaro a) Complete the income statement using the format provided. 17.000 sclect one) 72,500 Incomic Statement 05 500 Isclect one) 32.500 Revenues 135.000 x + 145 300 Total revenues 33,000 Expenses 24900 X 20,000 Total axes 170.500 14.10 80.500 b) Complete the statement of changes in equity using the format provided 128,500 Select one) 106,500 Statement of Changes in Equity 112,000 select one) Share Retaink Teal Capital Eamings Equity X +++ X 4 c) Complete the Balance Sheet select on Balance She (select one) Assas Latite x + Total assets Total liabilities Equity Total equity Total liabilities and equity Choose an Account or Heading Categories Accounts and Headings AN Accounts payable Assets Accounts receivable Liabilities Advertising expense Equity Assets Equity Building Revenues Cash Expenses Commissions earned Other Consulting revenue earn Headings & Tota Dividends Equipment Equity Expenses Furniture Insurance expense Interest earned Interest expense Interest payable Issuance of shares Land Liabilities Net income Net loss Notes receivable Office salaries expense Office supplies expense Property taxes payable Rent earned Rent expense Retained earnings Revenues Share capital Short-term notes payable Store supplies expense Supplies Total assets Total equity Total expenses Total liabilities Total liabilities and equity Total revenues Utilities expense Search: ar Erase Cancel