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Prepare an Income Statement, an Owner's Equity Statement, and a Balance

Question 136

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Prepare an income statement, an owner's equity statement, and a balance sheet for the acupuncture practice of Golda Bear, from the items listed below for the month of September 2022.  Owner’s capital, September 1$47,000 Accounts payable 7,000 Equipment 35,000 Service revenue 28,000 Owner’s drawings 6,000 Insurance expense 4,500 Cash 3,000 Utilities expense 700 Supplies 4,800 Salaries and wages expense 9,000 Accounts receivable 14,000 Rent expense 5,000\begin{array}{lr}\text { Owner's capital, September } 1 & \$ 47,000 \\\text { Accounts payable } & 7,000 \\\text { Equipment } & 35,000 \\\text { Service revenue } & 28,000 \\\text { Owner's drawings } & 6,000\\\text { Insurance expense } & 4,500 \\\text { Cash } & 3,000 \\\text { Utilities expense } & 700 \\\text { Supplies } & 4,800 \\\text { Salaries and wages expense } & 9,000 \\\text { Accounts receivable } & 14,000 \\\text { Rent expense } & 5,000\end{array}



GOLDA BEAR, ACUPUNCTURIST Income Statement For the Month Ended September 30, 2022  Revenues $ Expenses$Total expenses $Net income $\begin{array}{ll}&\text {GOLDA BEAR, ACUPUNCTURIST }\\&\text {Income Statement }\\&\text {For the Month Ended September 30, 2022 }\\\text { Revenues }&&\$\\\text { Expenses}&&\$\\\text {Total expenses }&&\$\\\text {Net income }&&\$\end{array}
 Prepare an income statement, an owner's equity statement, and a balance sheet for the acupuncture practice of Golda Bear, from the items listed below for the month of September 2022.  \begin{array}{lr} \text { Owner's capital, September } 1 & \$ 47,000 \\ \text { Accounts payable } & 7,000 \\ \text { Equipment } & 35,000 \\ \text { Service revenue } & 28,000 \\ \text { Owner's drawings } & 6,000\\\text { Insurance expense } & 4,500 \\ \text { Cash } & 3,000 \\ \text { Utilities expense } & 700 \\ \text { Supplies } & 4,800 \\ \text { Salaries and wages expense } & 9,000 \\ \text { Accounts receivable } & 14,000 \\ \text { Rent expense } & 5,000 \end{array}      \begin{array}{ll}&\text {GOLDA BEAR, ACUPUNCTURIST  }\\&\text {Income Statement  }\\&\text {For the Month Ended September 30, 2022 }\\ \text { Revenues }&&\$\\\text { Expenses}&&\$\\\text {Total expenses }&&\$\\\text {Net income }&&\$ \end{array}        Prepare an income statement, an owner's equity statement, and a balance sheet for the acupuncture practice of Golda Bear, from the items listed below for the month of September 2022.  \begin{array}{lr} \text { Owner's capital, September } 1 & \$ 47,000 \\ \text { Accounts payable } & 7,000 \\ \text { Equipment } & 35,000 \\ \text { Service revenue } & 28,000 \\ \text { Owner's drawings } & 6,000\\\text { Insurance expense } & 4,500 \\ \text { Cash } & 3,000 \\ \text { Utilities expense } & 700 \\ \text { Supplies } & 4,800 \\ \text { Salaries and wages expense } & 9,000 \\ \text { Accounts receivable } & 14,000 \\ \text { Rent expense } & 5,000 \end{array}      \begin{array}{ll}&\text {GOLDA BEAR, ACUPUNCTURIST  }\\&\text {Income Statement  }\\&\text {For the Month Ended September 30, 2022 }\\ \text { Revenues }&&\$\\\text { Expenses}&&\$\\\text {Total expenses }&&\$\\\text {Net income }&&\$ \end{array}

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