The income statement statement of owners equity and balance


Message: With the following accounts, create the forms for an Income statement, Statement of Owner''s Equity, and Balance Sheet:

Land

Cash

Accounts Payable

Notes Payable

Revenue

Rent expense

Salaries expense

Postage expense

Beginning Capital-George Jones

Unearned Revenue

Owner contribution

Depreciation- building

Interest payable

Net income from period

Ending Capital-George Jones

Owner'' Withdrawal

Accounts receivable

Furniture

Utilities payable

Interest payable

Prepaid rent

Note that some items will be used twice on various statements.

The Income Statement, Statement of Owner''s Equity, and Balance Sheet. Use th e information above to create the accounts and format for each.

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Accounting Basics: The income statement statement of owners equity and balance
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