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using the following information complete the income statement, statement of owners equity, and balance sheet for MJ Painting for the month of March 2024. The

using the following information complete the income statement, statement of owners equity, and balance sheet for MJ Painting for the month of March 2024. The business began operations on March 1, 2024. image text in transcribed
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image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Data Table - X Begin by preparing the income statement for Mi Parving for the month of March 2024 MJ Painting Income Statement Month Ended March 31, 2024 Revenues Service Revenue 5500 3 $ Accounts Receivable Accounts Payable 1 500 1.300 24,500 41.000 3,000 o Salaries Expanse Service Reve Office Suppe Truck Us Expense 900 5.500 900 15.000 350 Owner contribution during March Owner withdrawal during March Bh. Creta March 2004 Us Expense 300 1200 Print Done 0700 Now prepare the statement of Owner's equity or Painting for the month of March 2024 any cont> MJ Painting Statement of Owner's Equity Morth Ended March 31, 2024 Now prepare the statement of owner's equity for MJ Painting for the month of March 2024 Enter a nu for any zero balances) MJ Painting Statement of Owner's Equity Month Ended March 31, 2024 Richardson Capital March 12024 Not income for the month 41000 3000 Not loss for the month Richardson, Capital Match 312024 38000 Lastly, prepare the balance sheet for MS Painting for the month of March 2024 Or a box is not used in the table on the box omply do not soloc a label or enter a zero MJ Painting Balance Sheet March 31, 2024 Assets Liabilities 24500 Accounts Payable 1300 Accounts Recoratie 1500 Lastly, prepare the balance sheet for MJ Painting for the month of March 2024. (if a box is not used in the fable leve the box empty, do not select a label or enter a zero MJ Painting Balance Sheet March 31, 2024 Liabilities 24500 Accounts Payable 1300 Assets Cab Accounts Receivable lotce Supplies 1500 1900 15640 Owner's Equity Truck Richardson Capital 41000 Total Assets 43540 42300 Begin by preparing the income statement for MJ Painting for the month of March 2024. (If a box is not used in the table leave the box emply do not select a label or enter szero) MJ Painting Income Statement Month Ended March 31, 2024 Revenues Service Revenue 5500 Expenses Salas Expense 900 Utilities Expense 360 Total Expenses 1260 Not Income 6760 Now prepare the statement of owner's equity for MJ Painting for the month of March 2024 (Enter a "O" for any zero balances.) MJ Painting Statement of Owner's Equity Month Ended March 31, 2024 Richardson, Capital, March 1, 2024 Net income for the month 41000 Not loss for the month 3000 0 Richardson, Capital, March 31, 2024 38000 Lastly, prepare the balance sheet for MJ Painting for the month of March 2024. (If a box is not used in the table leave the box empty do not select a label or enter a zero MJ Painting Balance Sheet March 31, 2024 Assets Liabilities Cash 24500 Accounts Payable 1300 Accounts Recovable 1500 Office Supples 1900 Owner's Equity Truck 15640 Richardson Capital 41000 43540 42300 Total Assets Data Table Accounts Receivable Accounts Payable $ 900 Cash 1,500 1,300 24,500 41,000 3,000 0 Salaries Expense Service Revenue Office Supplies Truck Utilities Expense 5,500 1,900 Owner contribution during March Owner withdrawal during March Richardson, Capital, March 1, 2024 15,640 360 of Print Done

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