Question: Required: From the financial information below, complete an income statement, statement of changes in shareholders' equity, and balance sheet. Accounts receivable$ 4,000 Accounts payable 5,000
Accounts receivable$ 4,000
Accounts payable 5,000
Cash 1,000
Share capital ?
Equipment 8,000
Insurance expense 1,500
Miscellaneous expense 2,500
Office supplies expense 1,000
Service revenue 20,000
Wages expense 9,000
Dividends 2,000
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Income Statement Service revenue Expenses Insurance Miscellaneous Office supplies Wages Net income Statement of Changes in Equity Retained Total capital earnings equity Share $ -0 Opening balance Shares Issued Net income Ending balance Balance Sheet Liabilities and Shareholder's Assets Equity Cash Accounts receivable Equipment Accounts payable $ Share capital Retained earnings
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