REQUIRED (2) Prepare a 10-column worksheet for the year ended December 31, 191 any additional accounts needed. (b) Prepare an income statement and a statement of owner's equity fo and a balance sheet at December 31, 19X1. (c) Prepare closing entries in general journal form. Ken Howard, tax consultant, began business on December 1 of the cut December transactions were as follows: Dec. 1 Howard invested $14,000 in the business. Paid rent for two months to Star Realty, $1,100. Purchased various supplies on account, $920. Purchased $8,000 of office equipment, paying $3,200 down balance due in 30 days. 8 Paid $920 on account for supplies purchased December 2. 13 Paid assistant's wages for two weeks, $540. 20 Performed consulting services for cash. $1.400