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These financial statement items are for Wildhorse Company at year end, July 31, 2021. Salaries payable Salaries expense Utilities expense Equipment Accounts payable Service revenue Rent revenue $2.140 49,200 23,000 34,280 4.180 63,600 8,300 Notes payable (long-term) Cash Accounts receivable Accumulated depreciation-equipment D. Wildhorse, drawings Depreciation expense D. Wildhorse, capital (beginning of the year) $1,850 15.400 9,650 5.930 3,090 4.000 52.620 WILDHORSE COMPANY Income Statement Year Ended: July 31, 2021 Revenues Service Revenue $ 63600 Rent Revenue 8300 Total Revenues Salaries Expense V $ 49200 Utilities Expense 23000 Depreciation Expense v 4000 Total Expenses V 76200 D. Wildhorse, Capital, July 31, 2021 WILDHORSE COMPANY Statement of Owner's Equity Year Ended July 31, 2021 D. Wildhorse. Capital, July 31, 2021 $ 52620 Add : v Drawings v $ WILDHORSE COMPANY Balance Sheet July 31, 2021 Assets Current Assets C Cash > Accounts Receivable Total Current Assets $ Accounts Payable Total Current Liabilities > Total Current Liabilities I Total Liabilities and Owner's Equity $