Question: Prepare an income statement (2 marks) and owner's equity statement (3 marks) for the Vladimir Bear Co., from the items listed below for the month

 Prepare an income statement (2 marks) and owner's equity statement (3

Prepare an income statement (2 marks) and owner's equity statement (3 marks) for the Vladimir Bear Co., from the items listed below for the month of March 2022 Owner's Capital, March 1 Service revenue Owner's Drawings Insurance expense Utilities expense Salaries expense Accounts receivable Rent expense $47,000 28,000 6,000 4,500 700 9,000 14,000 5,000 Vladimir Bear Co. Income Statement March 31st, 2022 Revenues Expenses (list all expenses) $ Total expenses Net income Vladimir Bear Co. Owner's Equity Statement March 31, 2022 Owner's Capital, September 1 Add: Less $ 02

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