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The following were taken from the accounting records of Fly By Night Travel, Inc., a travel agency, as of January 31, 2019.On the forms provided,

The following were taken from the accounting records of Fly By Night Travel, Inc., a travel agency, as of January 31, 2019.On the forms provided, prepare in Income Statement and a Statement of Stockholder's Equity for the month of January, and a classified Balance Sheet on January 31.Note that $6,000 of the note is due in 2019 and the balance of the note is due in 2020.

Accounts Payable $6,000

Accounts Receivable 19,000

Accumulated Depreciation - Equipment 15,500

Advertising Expense 4,500

Common Stock 24,500

Cash 19,000

Depreciation Expense 6,000

Dividends 3,500

Equipment 45,000

Fees Earned 68,500

Notes Payable 19,000

Retained Earnings, January 1 13,500

Retained Earnings, January 31 ???

Salary Expense 50,000

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