Johann Wheldon, owner of Wheldon Stenciling Service, has requested that you prepare from the following balances

(a) An income statement for November 201X,
(b) A statement of owner€™s equity for November,
(c) A balance sheet as of November 30,201X.

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$2,400 Stenciling Fees Cash Accounts Receivable Equipment Accounts Payable J. Wheldon, Capital, Nov. 1, 201X J. Wheldon, Withdrawals 3000 110 50 550 650 Advertising Expense 685 Repair Expense 850 Travel Expense Supplies Expense Rent Expense 1,125 300 175