T Financial Statement Practice #2 2 3 . B The capital of Adam Cellini was $80,000 on May 1, 2018 Adam the owner invested an additional $50,000 in the business and withdrew cash of $30,000 for personal use during the year. Using the additional information provided by Chickadee Travel Service for the year ended April 30, 2019, prepare the company's income statement, statement of owner's edity and balance sheet Cash $53,050 Land $80,000 B 30 Accounts Receivable $31,350 Office expense-$63,000 Supplies-$3,350 Accounts Payable $12,200 Wages expense-$131,700 Fees carned $263,2001 Miscellaneous expense-$12,950