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One month transactions of Sam Company show the following balances. 1- Prepare Balance Sheet on February 28, 2019. 2. Prepare the Owner's Equity Statement Rental

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One month transactions of Sam Company show the following balances. 1- Prepare Balance Sheet on February 28, 2019. 2. Prepare the Owner's Equity Statement Rental Income $35,000 Consulting Income $40,000 Accounting Income $50,000 Rent Expense $15,000 Insurance Expense $6,500 Salary Expense $4,000 Cash $52,200 Accounts receivable $35,000 Office supplies $2,400 Office equipment $5,600 Tel Expenses $1,000 Advertising Expenses $7,500 Accounts Payable $200 Capital $4,000 Withdrawal $0 Element of Competency: 1- Produce accounting reports

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