You must do a Income Statement and a Balance Sheet

You must do a Income Statement and a balance for the Jay Thompson

Jay, Thampear Trid balance os at 31 December 20M Gross Rofit Accumulated Depreciation machinery Capital Account Payable Cosh at bark Account Receivable Drawings Telephome expense Insurance Refund Woges Closing Inventory Tachinery at cost ADEITIONAL INISORMEIION Woges owed $40 Telephone prepaid \$ 600 Depreciate machinery 10\% of the coot (1Bing the staight line method. Jay, Thampear Trid balance os at 31 December 20M Gross Rofit Accumulated Depreciation machinery Capital Account Payable Cosh at bark Account Receivable Drawings Telephome expense Insurance Refund Woges Closing Inventory Tachinery at cost ADEITIONAL INISORMEIION Woges owed $40 Telephone prepaid \$ 600 Depreciate machinery 10\% of the coot (1Bing the staight line method