Mi Name: Accounting Midterm Chapters 1-6 Spring 2019 The fellowing accounts reflect balances for Stay Positive Music at December 31, 2013: Stay Positive Music Trial Balance December 31, 2013 Debit Credit 5600 1,150 300 Cash Accounts Receivable Accounts Payable 400 Salaries Payable 700 B. Positive, Capital, Dec. 2012 B Positive, Withdrawals Fees Revenue Advertising Exp 500 1,000 s 2,600 $2,600 200 Salaries Exp Totals Instructions: Using the forms provided, prepare the following: 1) An Income Statement for the year ended December 31, 2013 2) A Statement of Owner's Equity for the year ended December 31, 2013 3) A Balance Sheet as of December 31, 2013 Statemenst of Owwer's Eqaity Midterm Problem #1-Financial Statement Prep aration -Stay Positive Music Balance Sheet Mi Name: Accounting Midterm Chapters 1-6 Spring 2019 The fellowing accounts reflect balances for Stay Positive Music at December 31, 2013: Stay Positive Music Trial Balance December 31, 2013 Debit Credit 5600 1,150 300 Cash Accounts Receivable Accounts Payable 400 Salaries Payable 700 B. Positive, Capital, Dec. 2012 B Positive, Withdrawals Fees Revenue Advertising Exp 500 1,000 s 2,600 $2,600 200 Salaries Exp Totals Instructions: Using the forms provided, prepare the following: 1) An Income Statement for the year ended December 31, 2013 2) A Statement of Owner's Equity for the year ended December 31, 2013 3) A Balance Sheet as of December 31, 2013 Statemenst of Owwer's Eqaity Midterm Problem #1-Financial Statement Prep aration -Stay Positive Music Balance Sheet