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 $42,000 Accounts payable 7,000 Equipment 30,000 Service revenue 25,000 B Fallon, Drawings 6,000 Dental supplies expense 3,500 Cash 6.000 Utilities expense 700 Dental supplies 2,800 Salaries expense 9,000 Accounts receivable 14,000 Rent expense 2,000 Joan Donahue, DDS Income Statement For the Month Ended September 30, 2018 Revenues $ Expenses Total expenses Net income
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