Prepare the income statement, statement of owners equity, and balance sheet for the period ending november 30th

November

1 Scott Invested 10000 cash and equipment valued at 25000 to start his engineering firm

1 Scott rented an office paying 4000 for four months of rent.

1 scott purchased a one year insurance policy for 1800

2 scott completed work for a client and billed the client 2500 for the work done. the client will pay as soon as scott gets the bill

3 scott completes work for a client and the client hand pays him 1500 immediately

4 Scott upgrades his computer system with a new engineering software costing 2500. the purchase is on credit and scott plans to pay the bill promptly.

5 scott purchases 800 of office supplies and 1000 of office equipment on credit.

8 scott pays his worker 1000 for a week's work.

10 scott receives payment for the november 2 work

15 a client hires scott to perform a large job and pays him 8000 in advance for the work. scott estimates that it will take him two months to complete the work and he can complete it evenly throughout the period. note htere are only two weeks left in november.

16 scott pays his worker 1000 for a weeks work.

18 scott completes anoteher large job and bills tghe client 3500

20scott pays his bill from november 4

20 scott completes another large job and bills the client 4500 for the job

24 scott pays his worker 100 for a weeks work

30 scott completes one last job for the month and client immediately pays him 2500 for the work

30 scott withdraws 200 for living expenses