Question: e completed worksheet operation, appears below. for Cantu Corporation as of December 31, 2019, after the company had completed the first month of CANTU CORPORATION

 e completed worksheet operation, appears below. for Cantu Corporation as of
December 31, 2019, after the company had completed the first month of

e completed worksheet operation, appears below. for Cantu Corporation as of December 31, 2019, after the company had completed the first month of CANTU CORPORATION Worksheet Month Ended December 31, 2019 Adjusted Trial Balance Trial Balance Adjustments Debit Credit Debit Credit Debit CreditDebitCredit Debit Credi 77,988 Income Statement Balance Sheet Account Name Cash Accounts Receivable 12,780 Supplies Prepaid Advertising 18,600 Equipment Accumulated Depreciation-Equipment Accounts Payable Selena Cantu, Capital Selena Cantu, Drawing 7,980 Fees Income Supplies Expense Advertising Expense Depreciation Expense- Equipment Salaries Expense Utilities Expense 2,586 Totals Cred 77,980 12,700 6,700 11,580 3,100 18,600 77,500 77,900 12,700 4,800 11,500 77,500 77,588 1,550 1,55e 1,558 12,780 108,700 12,7ee 188,700 12,7e0 108,780 7,980 7,980 184,780 104,780 184,700 6,780 3,180 6,700 6,709 3,100 1,550 17,500 3,100 1,558 17,580 1,55e 17,500 2,580 7,650 227,650 31,350 184,780 196,380 122,95e 73,350 184,708 184,700 196,380 196,300 226, 100 226, 10 11,35e 11,350 22 73,350 Net Income Required 1. Prepare an income statement. 2. Prepare a statement of owner's equity. The owner made no additional investments during the month. 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $6,200 instead of $3,100, what net income would have resulted? Complete this question by entering your answers in the tabs below. Prepare an income statement. CANTU CORPORATION Income Statement December 31, 2019 nth

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