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Question 1 Financial Statements Use the following accounts and information ( $ 0 0 0 dollars ) to prepare an income statement, a statement of

Question 1 Financial Statements
Use the following accounts and information ($000 dollars) to prepare an income statement, a statement of changes in equity, and a statement of financial position for Rainwater Services Ltd for the month ended 31 July 2022. Show all workings and headings.
Accounts Payable $2,850 Dividends paid $3,000
Accounts Receivable $9,900 Insurance Expense $4,500
Buildings $55,000 Supplies $1,200
Cash $11,500 Salaries payable $4,800
Revenues $46,300 Rent expense $4,950
Share Capital $2,800 Salaries expense $4,600
Retained earnings (beginning) $15,700

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