reparing a balance sheet 3 A form is given in the Working Papers. The following information is obtained from the work sheet of Lee's Home Repair for the month ended January 31 of the current year. BALANCE SHEET ACCOUNT TITLE CREDIT DEBIT 19 0.00 0.00 1.75 00 16 000 24 000 3 4 Cash 2 Petty Cash Accounts Receivable-Greenstein Supplies Prepaid Insurance Accounts Payable-Superior Supplies Accounts Payable-Media Plus Timothy Lee, Capital 9 Timothy Lee, Drawing Income Summary 6 7 40.000 30 000 2 12 8003 950.00 10 20 3 6 2 5 00 21 Net Income 2828.00 20 7.9 7.00 21 3 6 2 5 00 22 22 3 6 2 5 00 23 23 Instructions: Prepare a balance sheet for January 31 of the current year. zal Statements for a Proprietorship