You work as an accounting clerk. You have received the following information supplied by a client, S. Winston, from the client€™s bank statement, the client€™s tax returns, and a variety of other July documents. The client wants you to prepare an income statement, a statement of owner€™s equity, and a balance sheet for the month of July for WinstonCompany.

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Income from Services Beginning Capital Cash Truck Accounts Payable Rent Expense Wages Expense s 9,570 50,000 24,940 Utilities Expense Drawing Supplies Equipment Total Liabilities and Owners $ 388 2,500 635 16,148 1,200 4,200 Equity 57,473