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Question 6 [30 points] Susan West started X-colline on January 1, 2014. The adjusted trial balance shown below has been prepared for X-cell Ing. as

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Question 6 [30 points] Susan West started X-colline on January 1, 2014. The adjusted trial balance shown below has been prepared for X-cell Ing. as of January 31, 2014. Use this information to prepare the income statement and statement of changes in equity for the month ended January 31 along with the January 31 balance sheet X-celine Adjusted Trial Balance January 31, 2014 Debit Credit Accumulated depreciation, boats Acumulated depreciation, milure 5.50 121.500 19.000 5.500 29.500 Statement of Changes in Equity 33.000 Share Retained Total Capital Earrings Equity Commissions eamed Consulting revenue samed Depreciation expense, boats Depreciation expensembre Dividends Furniture Interest earned Interest expense Long-term roles payable Renteamed Rent expense Rent payable Rent receivable Share capital Supplies Uneamed consulting revenue Unearned rent Total 135.000 101.000 100.000 35.000 100.000 62,000 72,500 19.500 46,000 586,500 Balance Sheet

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