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Your manager has asked that you create the monthly financial statements for ABC Company. They gave you the following account numbers for June 31, 2018.

Your manager has asked that you create the monthly financial statements for ABC Company. They gave you the following account numbers for June 31, 2018.

  • Accounts Payable 3000
  • Cash 26,000
  • Owner's Capital 15,000
  • Advertising Expense 3,000
  • Sales Revenue 40,000
  • Office Supplies 1,500
  • Wages Expense 10,000
  • Notes Payable 6000
  • Rent Expense 5,000
  • Office Equipment 4,000
  • Accounts Receivable 12,000
  • Owner's Withdrawals 2,500

Usingthis template, create the

  1. Income Statement
  2. Balance Sheet
  3. Statement of Owner's Equity.

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