sorry, was using my mobile app. couldnt see that image is not clear.

January 1. Presented below is the balance sheet for Bellville Family Dentistry on BELLVILLE FAMILY DENTISTRY Balance Sheet January 1, 2017

Assets : cash =$20,000, account receivable =31,000, land =190,000, building =225,000, equipment=35,000 total asseys =501,000

Liabilities & Stockholders' Equity:

Liabilities:

Account payable =45,000 Total liabilities =45,000

Stockholders' equity: Capital stock =456,000; total liabilities and stockholders' equity =501,000

During the first few days of January.the following transactions occurred :

Jan 5 The business borrowed 50.000 from the bank, giving a note payable due in 90 days.

jan 10 Additional capital stock was issued in exchange for $9,000 cash.

jan 15 Equipment was purchased for $19,000 on gredit (Accounts Payable)

jan 25 The business collected $18,000 of its accounts receivable and paid off $33,000 of its account payable( Two separate transactions ) question: write the income statement using the information above. what is service revenue ?

January 1. Presented below is the balince sheet for Bellville Family Dentistry on BELLVILLE FAMILY DENTISTRY Balance Sheet January 1, 2017 Liabilities & Stockholders' Equity 45000 20,000 Liabilities. Accourtes payable 45.00 5 receivable. Total liabilities. Building 225.000 Stockholders' equity: Equipment Total liab stockholders' equity Total assets During the first few days of January.the following transactions occurred Jan 5 The business borrowed 550.000 from the bank, giving a note payable due in 90 10 Additional capital stock was issued in exchange for $9,000 cash. Equipment was purchased for on gredit (Accounts Payable) The business collected $18,000 of its accounts receivable and paid off $33,000 of payable Two separate transactions January 1. Presented below is the balince sheet for Bellville Family Dentistry on BELLVILLE FAMILY DENTISTRY Balance Sheet January 1, 2017 Liabilities & Stockholders' Equity 45000 20,000 Liabilities. Accourtes payable 45.00 5 receivable. Total liabilities. Building 225.000 Stockholders' equity: Equipment Total liab stockholders' equity Total assets During the first few days of January.the following transactions occurred Jan 5 The business borrowed 550.000 from the bank, giving a note payable due in 90 10 Additional capital stock was issued in exchange for $9,000 cash. Equipment was purchased for on gredit (Accounts Payable) The business collected $18,000 of its accounts receivable and paid off $33,000 of payable Two separate transactions