Prepare an income statement using the following information for DL Enterprises for the month of July 2018.

Sales revenue	$64,000
Rental revenue	15,300
Product expense	52,400
Wages expense	18,800
Owner investment	12,000
Equipment purchases	56,000
Utilities expense	1,800
Taxes expense	500

DL Enterprises
Income Statement
For the Month Ended July 31, 2018
Revenue:
	$
Total Revenue		$
Expenses:
	$
Total Expenses
Net Income		$

5. Prepare a statement of owners equity using the information provided for Pirate Landing for the month of October 2018.

Cash	$14,000
Pirate Pete, Capital Oct. 1	58,000
Net loss Oct. 2018	7,500
Owner investments	1,500
Wages payable	3,000
Supplies expense	1,500
Owner withdrawals	100

Pirate Landing
Statement of Owners Equity
For the Month Ended October 31, 2018
Pirate Pete, Capital Oct. 1		$
Increases:
	$
Total Increases
Decreases:
	$
Total Decreases
Pirate Pete, Capital October 31		$