Question: Help Save & Exit Submit Guy McKinley started the McKinley Charter Service at the beginning of August 2019. On August 31, 2019, the accounting records



Help Save & Exit Submit Guy McKinley started the McKinley Charter Service at the beginning of August 2019. On August 31, 2019, the accounting records of the business showed the following information. $ 6,689 Equipment Accounts Receivable Fees Income Boats Gasoline Expense Loans Payable Owners withdrawal $19,480 1,900 37, ese 99,502 9,389 78,eee 5,280 Rent Expense Cash Salaries Exp Utilities Supplies Initia in Accounts 12.589 1,552 .300 47.588 5, 45e Prepare an income statement and a statement of owners equity for the month and a balance sheet as of August 31, 2019 Complete this question by entering your answers in the tabs below. Income Statement Sumt of Owners Eqty Balance Sheet Prepare a balance sheet for August 31, 2019. MCKINLEY CHARTER SERVICE Salernent Owners Eqty neet Prepare a balance sheet for August 31, 2019. MCKINLEY CHARTER SERVICE Balance Sheet August 2 019 Assets Liabilities Cash payable Accounts receivable Equipment Owner's Equity Guy McKinely, Capital $ 84,450 Total Assets $ 29,000 Total Liabilities and Owner's Equity $ 84,450
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