Mr. Jones opened a restaurant business in Mirpur, Dhaka on August 1, 2020. 0n August 30, tabular analysis showed, Owners Capital Tk. 50,000, Service revenue Tk. 50,000, Salaries and wages Tk.1,000, Rent Tk. 600, advertising Tk. 800, Drawings Tk. 1,500, utilities Tk. 500, equipment Tk. 1,200, supplies Tk. 900, Accounts payable Tk. 3,500 and Jones capital Tk.15,000. Prepare an Income Statement and Owners Equity statement.

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