Question: Question working papers Answer this as Soon as possible thanks Activity Three: Financial Statements Based on the partial worksheet, prepare the following financial statements: Income

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Answer this as Soon as possible thanks
Activity Three: Financial Statements Based on the partial worksheet, prepare the following financial statements: Income Statement Statement of Owner's Equity Balance Sheet ID. Fashions Work Sheet For Year Ended December 31, 2019 Income Statement Account DR CR Cash Accounts Receivable Merchandise Inventory Supplies Prepaid hsurance Prepaid Rent Store Equipment Acc Deprec, Store Equipment Vehicle Acc Deprec, Vehicle Accounts Payable Wages Payable Mortgage Payable Ima Designer, Capital Ima Designer, Withdrawals Rental Income 25,000 Sales 78.000 Sales Returns & Allowances 2,500 Sales Discounts 1,560 Cost of Goods Sold 22,000 Supplies Expense 3,500 Rent Expense 18,000 Deprecation Exp. Store Equipment 2,000 Deprecation Exp. Vehicle 2,500 Wages Expense 15,000 Insurance Expense 1,080 Advertising Expense 700 Utilities Expense 1,500 Balance Sheet DR CR 93,000 12,350 12,900 2,010 2,000 13,000 28,000 8,000 20,000 5,000 3,600 19,000 67,000 67,000 19.000 NOTE: 5.000 of the Mortgage is due this year. Rental income is another source of revenue not directly related to the business NOT Activity Three: Financial Statements Income Statement Statement of Owner's Equity Bolano. She
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