Mr. Wilson started tax services Wilson Tax Consultants with a capital investment of $50,000 on January 1, 2019 in the city of Buffalo. He provides you with the following accounting information for the year ended 31 December 2019.

Required 

Using the above given information, prepare following financial statements for the Wilson Tax Consultants for the year ended December 31, 2019 

a) Income Statement 

b) Owner's Equity Statement 

c) Classified Balance Sheet. 

Cash 37,400 Prepaid rent $5.500 Accounts receivable 6.510 Utilities expense 2,800 Accounts payable 3,000 Rent expense 8.000 Office furniture 9.250 Drawings Wilson 2,000 Long term bank loan 83,000 General office expenses 4,900 Office supplies expense 1.250 Salaries payable 1,950 Services revenues 23,160 Office equipment 13,500 Building 100,000