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Please help me solve this question I don't understand how to do A abs B P1-6A. Income Statement and Balance Sheet On March 1, 2016,

Please help me solve this question I don't understand how to do A abs B

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P1-6A. Income Statement and Balance Sheet On March 1, 2016, Amy Dart began Dart Delivery Service, which provides delivery of bulk mailings to the post office, neighborhood delivery of weekly newspa pers, data delivery to computer service centers, and various other delivery services using leased vans. On February 28, Dart invested $20,000 of her own funds in the firm and borrowed $8,000 from her father on a six-month, non-interest-bearing note payable. The following information is available at March 31: Accounts receivable . . . . $10,700 Delivery fees earned . . .. $23,300 Rent expense . . . . . 2,500 Cash . . ....... 12,700 Advertising expense . ... 1, 100 Supplies inventory . 15,800 Supplies expense . . .. 2,500 Notes payable . ... 8,000 Accounts payable. . .. 1,400 Insurance expense . . . 900 Salaries expense . .. 6,200 Common stock. ... 20,000 Miscellaneous expense . 300 Retained earnings . . ? Required a. Prepare an income statement for the month of March. b. Prepare a balance sheet as of March 31, 2016. of Mantle

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