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prepare income statement and balance sheet begin{tabular}{|l|l|l|l|} hline Debit accaents & SR & Credit 2esolnts & SR hline Machinery & t,400 & Account payabe
prepare income statement and balance sheet
\begin{tabular}{|l|l|l|l|} \hline Debit accaents & SR & Credit 2esolnts & SR \\ \hline Machinery & t,400 & Account payabe & 1,780 \\ \hline cash & 120 & Capital & 1,970 \\ \hline Prepaid insurance & 340 & Revenue from serviees & 2,810 \\ \hline Account Receivble & 240 & & \\ \hline Alvertisenert exrenses & 366 & \\ \hline Postzl expenses & 172 & \\ \hline Salaries expenses & 622 & \\ \hline Furhiture & 300 & \\ \hline Total & 6,560 & Tot 21 \\ \hline \end{tabular} Step by Step Solution
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