The Golda Bear items listed below for the month of September, 2016.

Owners Capital, September 1		$47,000
Accounts payable		7,000
Equipment		35,000
Service revenue		28,000
Owners Drawings		6,000
Insurance expense		4,500
Cash		3,000
Utilities expense		700
Supplies		4,800
Salaries and wages expense		9,000
Accounts receivable		14,000
Rent expense		5,000

Answer the following questions.

GOLDA BEAR, ACCUPUNCTURIST Income Statement

Prepare a owner's equity statement for the accupuncture practice of Golda Bear.

GOLDA BEAR, ACCUPUNCTURIST Owner's Equity Statement September 30, 2016For the Year Ended September 30, 2016For the Month Ended September 30, 2016
Owners Capital, September 30Net income / LossOwners Capital, September 1DrawingsService revenueRent expense		$

Prepare a balance sheet for the accupuncture practice of Golda Bear. (List Current Assets in order of liquidity.)

GOLDA BEAR, ACCUPUNCTURIST Balance Sheet

For the Month Ended September 30, 2016September 30, 2016For the Year Ended September 30, 2016

Assets

Liabilities and Owner's Equity
Total LiabilitiesProperty, Plant and EquipmentTotal AssetsTotal Property, Plant and EquipmentTotal Owner's EquityLiabilitiesLong-Term DebtTotal Current AssetsOwner's EquityTotal Current LiabilitiesTotal Liabilities and Owner's EquityCurrent AssetsLiabilities and Owner's EquityIntangible AssetsTotal Intangible Assets
					$
Property, Plant and EquipmentTotal Current LiabilitiesOwner's EquityIntangible AssetsTotal Property, Plant and EquipmentTotal Owner's EquityTotal LiabilitiesLiabilitiesCurrent AssetsLiabilities and Owner's EquityTotal Intangible AssetsTotal AssetsTotal Current AssetsLong-Term DebtTotal Liabilities and Owner's Equity