a. Prepare Unique Photography's income statement for the year ended December 31, 2024. (If a box...

 

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a. Prepare Unique Photography's income statement for the year ended December 31, 2024. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Unique Photography Income Statement Year Ended December 31, 2024 Revenues: Service Revenue Expenses: Insurance Expense $ 10,000 Advertising Expense 1,000 Salaries Expense 28,000 Total Expenses Net Income $ 95,000 39,000 56,000 b. Prepare Unique Photography's statement of owner's equity for the year ended December 31, 2024. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal. a. Prepare Unique Photography's income statement for the year ended December 31, 2024. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Unique Photography Income Statement Year Ended December 31, 2024 Revenues: Service Revenue Expenses: Insurance Expense $ 10,000 Advertising Expense 1,000 Salaries Expense 28,000 Total Expenses Net Income $ 95,000 39,000 56,000 b. Prepare Unique Photography's statement of owner's equity for the year ended December 31, 2024. Enter any increases in capital prior to the subtotal and any decreases to capital below the subtotal.

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