mcm Question Three: $800,000 1,500,000 400,000 100,000 2,500,000 100,000 The following financial information belongs to Dubai Company on December 31, 2018: 7500 Accounts Equipment Cash Utilities expense Rent expense Revenues Dubai, Drawings $500,000 100,000 500,000 300,000 300,000 1,100,000 Accounts Dubai, Capital Advertising expense Salaries expense Accounts receivable Supplies Accounts payable Required: Prepare the income statement, statement of owner's equity and balance sheet of Dubai Company on December 31, 2018. (KN2:3 marks)