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The following are all of the accounts & balances of Humber Landscaping Company on July 31, Year 1, listed in alphabetical order. All the accounts

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The following are all of the accounts & balances of Humber Landscaping Company on July 31, Year 1, listed in alphabetical order. All the accounts have normal balances for the account type they represent and are the balances after the first 3 months of company operations. The owner, Barry Johnson wants to know the profit or loss of his company for these first 3 months and the financial position on July 31, Year 1. Accounts Payable Accounts Receivable Barry Johnson, Capital Barry Johnson, Withdrawals Cash Employee Wages Landscaping Equipment $37,500 Equipment Rental 18.600 Landscaping Fees Earned -65,000 Long Term Notes Payable 8,950 Prepaid Insurance 23,720 Unearned Revenue 59,000 Newspaper Advertising 64,600 Repair Costs $1,100 29,100 58,000 13,750 2,800 1,750 930 Required: (15 Marks) Prepare a complete and accurate set of financial statements including an Income Statement, Statement of Changes in Equity & Balance Sheet properly identified, labeled and dated

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