Old MathJax webview

so I just sent a new one I didn't realize I could just edit it. sorry!

Financial Statements A work sheet for Megaffin's Repairs is shown. No additional Investments were made by the owner during the month Megaffin's Repairs Work Sheet For Month Ended January 31, 20- Adjustments Trial Balance Adjusted Trial Balance Income statement Credit Debit Credit Debit Credit Debit Credit Account Title 3,750.00 Cash 3,750.00 1,450.00 1,450.00 500.00 200.00 210.00 000.00 220.00 680,00 3,200.00 3,200.00 60.00 60.00 Accounts Receivable supplies Prepaid Insurance Delivery Equipment Accumulated Depreciation Delivery Equipment Accounts Payable Wages Payable Don Megaffin, Capital Don Megaftin, Drawing 1,190,00 1,190.00 400.00 400.00 7,778.00 7,778.00 1,000.00 1,000.00 5,100.00 5,100.00 5,100.00 Repair Fees NEXT Check My Wank SPM For Month Ended January 31, 20-- Income Statement Balance Sheet Adjustments Trial Balance Adjusted Trial Balance Credit Debit Debit Credit Credit Debit Credit Debit Credit Debit 3,750.00 3,750.00 3,750.00 1,450.00 1,450.00 1,450.00 210.00 290.00 210.00 500.00 680.00 220.00 680.00 900.00 3,200.00 3,200.00 60.00 3,200.00 60.00 60.00 1,190.00 ipment 1,190.00 400.00 1.190.00 400.00 400.00 7,778,00 7,778.00 1,000.00 7,778.00 1,000.00 5,100.00 1.000.00 5,100.00 5,100.00 Ser Clear .com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=21/pluy.... eBook 5,100.00 5,100.00 5,100.00 2,550.00 Repair Fees 400.00 2,550.00 2,150.00 200.00 Wages Expense 200.00 200.00 640.00 Advertising Expense 640.00 640.00 290.00 Rent Expense 290.00 290.00 50.00 50.00 Supplies Expense 50.00 220.00 220.00 Phone Expense 220.00 190.00 190.00 Insurance Expense 190.00 60.00 60.00 Gas and Oil Expense 60.00 38.00 38.00 Depreciation Expense-Delivery Equipment 38.00 5,100.00 4,238.00 14,528.00 14,528.00 Miscellaneous Expense 14,068.00 14,068.00 970.00 970.00 862.00 5,100.00 5,100.00 Net Income Required: 1. Prepare an income statement Megaffin's Repairs 5,100.00 5,100.00 5,100.00 2,150.00 400.00 2,550.00 2,550.00 200.00 200.00 200.00 640.00 640.00 640.00 290.00 290.00 290.00 50.00 50.00 50.00 220.00 220.00 220.00 190.00 190.00 190.00 60.00 60.00 60.00 ment 38.00 38.00 38.00 9.428.00 10,290.00 14,528.00 14,528.00 4,238.00 5,100.00 14,068.00 14,068.00 970.00 970.00 862.00 862.00 10,290.00 10,290.00 5,100.00 5,100.00 Megaffin's Repairs Income Statement For Month Ended January 31, 20 Revenue Repair fees 4,704 X Expenses Wages expense 2,150 X Advertising expense 200 7 640 Rent expense Supplies expense 50 Phone expense 220 Insurance expense 190 Gas and oil expense Depreciation expense delivery equipment Habanellaneous expender 3.0 x Megaffin's Repairs Statement of Owner's Equity For Month Ended January 31, 20 Don Megaffin, capital, January 1, 20- 7.778 Met income for January Less withdrawals for January 3,638 X Decrease in capital 9428 X Don Megaffin, capital, January 31, 20 3. Prepare a balance sheet. Megaffin's Repairs Balance Sheet January 31, 20 Assets Current assets: Cash 3,750 1,450 Accounts receivable 290 X Supplies 680 Prepaid insurance