Question: Prepare Income statement, owners equity statement and Balance sheet for the period ending January31, 2019. Sale A $12,500 Sale B $11,500 Sale C $11,000 Rent

Prepare Income statement, owners equity statement and Balance sheet for the period ending January31, 2019.
Sale A $12,500
Sale B $11,500
Sale C $11,000
Rent Expense $6,000
Insurance Expense $9,500
Salary Expense $4,000
Cash $118,200
Accounts receivable $300
Land $30000
Office supplies $11,400
Office equipment $6,000
Fees income $72,000
Rental Income $50,000
Tel Expenses $700
Advertising Expenses $4,500
Accounts Payable $30,000
Salary payable $4,000
Capital $7600
Withdrawals $8,000

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