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Sweet Acacia Russell opened Total Care Services on May 1, 2021. Prepare an income statement, statement of owner's equity and a balance sheet for Total
Sweet Acacia Russell opened Total Care Services on May 1, 2021. Prepare an income statement, statement of owner's equity and a balance sheet for Total Care Services for the month ended, May 31, 2021, using the following accounts in the first month of operations: Cash Accounts Receivable Supplies Vehicles Equipment Accounts Payable S. Russell, Capital S. Russell, Drawings Service Revenue Fuel Expense Telephone Expense $1,458 $1,462 $301 $2,580 $1,978 $602 $4,988 $860 $3,182 $94 $39 Prepare the income statement for Total Care Services. TOTAL CARE SERVICES Income Statement $
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