Practical Exercise $2\mathrm{.}6$: Accounting Equation & Transaction Analysis

Question $1$

The Balance Sheet is a more detailed representation of the accounting equation. The income statement and statement of changes in equity are linked to the balance sheet $($by the accounting equation$).$ Calculate the missing amounts below.

All$-$In Servicing

Income Slaterncilt

Fur Month Ended April $30,2020$

Revenues. $q,$

Expenses $q,$

Profit $($loss$)q,$

$$300$

$?$

$?$

$\backslash$table$[[\backslash$table$[[$All$-$In Servicing$],[$Statement of Changes in Lquity$],[$For Month Ended April $30,2020]],,],[$Tim Allin, capital, April $1................................,,$$$50$