Question: Prepare an income statement, an owner's equity statement, and a balance sheet, for the dental practice of Joan Donahue, from the items listed below for

Prepare an income statement, an owner's equity statement, and a balance sheet, for the dental practice of Joan Donahue, from the items listed below for the month of September. B. Fallon, Capital, September 1 Accounts payable Equipment Service revenue B Fallon, Drawings Dental supplies expense Cash Utilities expense Dental supplies Salaries expense Accounts receivable Rent expense $42,000 7,000 30,000 25,000 6,000 3,500 6,000 700 2,800 9,000 14,000 2,000 NEL Joan Donahue, DDS Owner's Equity Statement For the Month Ended September 30, 2018 B. Fallon, Capital, September 1 Add Less: 5 (cont.) Joan Donahue, DDS Balance Sheet September 30, 2018 Assets Liabilities and Owner's Equity 1
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