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Using the following partial Excel work sheet for Breakout Maze Co., prepare the Income Statement, the Statement of Changes in Equity, and an unclassified Balance

Using the following partial Excel work sheet for Breakout Maze Co., prepare the Income Statement, the Statement of Changes in Equity, and an unclassified Balance Sheet for the company Assume the owner did not make any investments in the business during the year Lasik Inc.

Work Sheet For Year Ended June 30, 2019

Income Statement Dr.Cr.

55,000

55.000

55.000

3.000

1.200

500

1.400 300 400 250

7.050

47.950 55,000

Statement of Changes in Equity and Balance Sheet

Cr.

Dr.

11,265 1,500 1,300 4,400 120,000

5,000

143,465

143 465

24,000

3.000 3,160 65,355

95,515 47,950 143 465

Account

Cash Accounts receivable

Office supplies Prepaid insurance Building Accumulated depreciation, Building Notes payable Salaries payable

M. Tomas, capital

M. Tomas, withdrawals Motel rental revenue Depreciation expense, Building Salaries expense Insurance expense Rent expense Office supplies expense Repairs expense Telephone expense Totals

Profit

Totals

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