Question: 1. Prepare an income statement using the following information for CK Company for the month of February 2021. List items in proper sequence and include

1. Prepare an income statement using the following information for CK Company for the month of February 2021. List items in proper sequence and include a statement heading Sales revenue Rental revenue Product expense Wages expense Owner investment Equipment purchases Utilities expense Taxes expense $26,250 6,426 21,924 7,938 5,040 23,520 756 168 2. Prepare a statement of owner's equity using the following information for the Can Due Shop for the month of September 2021. List items in proper sequence and include a statement heading. Cash Steve Due, Capital Sep. 1 Net income Sep. 2018 Owner investments Wages payable Supplies expense Owner withdraws $ 51,040 197,120 27,456 5,280 11,440 2,640 352

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