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The Bonita Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2021: During the
The Bonita Corporation reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, February 28, 2021: During the year ended February 28,2021 , common share were issued for $5,000. BONITA CORPORATION Statement of Income Year Ended February 28, 2021 Revenues Fees Earned $91,700 Expenses Depreciation Expense Insurance Expense Rent Expense $\begin{tabular}{|l|l|} \hline$4,600 & i \\ \hline \end{tabular} Salaries Expense \begin{tabular}{|l|l|} \hline$3,500 & i \\ \hline \end{tabular} Supplies Expense \begin{tabular}{|l|l|} \hline$4,100 & i \\ \hline \end{tabular} Utilities Expense Total expenses Income Tax Expense Prepare a statement of changes in equity. (For decreases use either a negative sign preceding the number, e.g. 45 or parenthesis, e.g. (45).) BONITA CORPORATION Statement of Financial Position February 28, 2021 Assets Total Assets $ $ : Liabilities and Shareholders' Equity $
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