Question: ( LO 5 ) Winston Cramer started a business in May 2 0 - - called Cramer's Home Repair. The trial balance showing balances for

(LO5) Winston Cramer started a business in May 20-- called Cramer's Home Repair. The trial balance showing balances for the month of May are shown.
\table[[\table[[Cramer's Home Repair],[Trial Balance],[May 31,20--]]],[account,,,,ra_a,,,,,rial,,],[Cash,,21,0,0,0,00,,,,,],[Accounts Receivable,,2,7,0,0,00,,,,,],[Supplies,,,2,0,0,00,,,,,],[Prepaid Insurance,,1,1,0,0,00,,,,,],[Equipment,,8,2,0,0,00,,,,,],[Van,,6,0,0,0,00,,,,,],[Accounts Payable,,,,,,,3,6,0,0,00],[Winston Cramer, Capital,,,,,,,25,0,0,0,00],[Winston Cramer, Drawing,,2,9,0,0,00,,,,,],[Service Revenue,,,,,,,15,5,0,0,00],[Rent Expense,,,9,0,0,00,,,,,],[Salaries and Wages Expense,,,8,0,0,00,,,,,],[Phone Expense,,,2,0,0,00,,,,,],[Gas and Oil Expense,,,1,0,0,00,,,,,],[Totals,,44,1,0,0,00,44,1,0,0,00]]
Required
Prepare the income statement for the month ended May 31,20--.
Prepare the statement of owner's equity for the month ended May 31,20--.
Prepare the balance sheet as of Mav 31.20--.
 (LO5) Winston Cramer started a business in May 20-- called Cramer's

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