Question: Please, prepare the Income Statement & Owner's Equity statement. Mr. Hasan opened a restaurant business in Mirpur, Dhaka on July 1, 2021. On 30 July,

Please, prepare the Income Statement & Owner's Equity statement. Mr. Hasan

Please, prepare the Income Statement & Owner's Equity statement.

Mr. Hasan opened a restaurant business in Mirpur, Dhaka on July 1, 2021. On 30 July, tabular analysis showed, Service revenue Tk. 35.000, Salaries and wages Tk. 15,000, Rent Tk. 600, advertising Tk. 800, utilities Tk. 500, equipment Tk. 1.200, supplies Tk. 1,000, Accounts payable Tk. 3,500 and, Hasan's capital Tk.25, 000

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