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The account balances from the December 3 1 , 2 0 X 1 , trial balance for Morgan Accounting Services are shown below. table
The account balances from the December X trial balance for Morgan Accounting Services are shown below.
tabletableMORGAN ACCTriaDecembAccount NametableICESDebitCreditCashAccounts receivable,SuppliesPrepaid rent,EquipmentAccounts payable,,Stephen Morgan, Capital,,Stephen Morgan, Drawing,Fees income,,Salaries expense,Utilities expnseTotals
Prepare an income statement for the Morgan Accounting Services for the month ended December
Prepare a statement of owner's equity for Morgan Accounting Services for the month ended December X
Prepare a balance sheet for Morgan Accounting Services as of December X
Complete this question by entering your answers in the tabs below.
Income
Statement
Owners Equity
Balance Sheet
Prepare an income statement for the Morgan Accounting Services for the month ended December
Note: Input all amounts as positive values.
tableMORGAN ACCOUNTING SERVICES,,Income Statement,,Month Ended December XRevenueFees income,,ExpensesSalaries expense,,Utilities expense,,Total expenses,,
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