These financial statement items are for Batra Corporation at year end, July 31, 2012:

Additional information: Batra started the year with $6,000 of common shares and issued $4,000 more during the year.
Instructions
Prepare an income statement, statement of changes in equity, and statement of financial position for the year.

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Salaries expense Utilities expense $44,700 2,600 35,900 4,220 81,100 18,500 10,000 5,060 17,100 6,000 1,000 Supplies expense Dividends Depreciation expense Retained earnings, Aug. 1, 2011 Rent expense Income tax expense Supplies Short-term investments Bank loan payable (due Dec. 31, 2012) Interest expense $ 900 12,000 3,000 17,940 10,800 5,000 1,500 20,000 21,800 2,000 Equipment Accounts payable Commission revenue Rent revenue Common shares Cash Accounts receivable Accumulated depreciation-equipment Interest payable