Question: THIS IS ALL ONE QUESTION Contact Technical Support eBook Show Me How Print item Cengage Technical Support Finandal Statements The amounts of the assets and


Contact Technical Support eBook Show Me How Print item Cengage Technical Support Finandal Statements The amounts of the assets and liabilities of Wilderness Travel Service at April 30, 2019, the end of the year and its www and expenses for the year are listed below. The capital of Karper Borg, owner, was $43,720 at May 1, 2018, the beginning of the year, and the owner withdrew 521,400 during the Year $15,300 Accounts payable Accounts receivable Cash 81.930 165,380 575,200 4,470 Fees earned Miscellaneous expense Rent expense Supplies Supplies expense Taxes expense Utilities expense 74,490 2120 11,920 10,000 44,690 212,820 Wages expense Required: 1. Prepare an incontest of the year ended April 30, 2019 Wilderness Travel Service Income Statement 1. Prepare an income statement for the year ended April 30, 2019. Wilderness Travel Service Income Statement For the Year Ended April 30, 2019 Expenses: Total expenses 2. Prepare a statement of owner's equity for the year ended April 30, 2019. Wilderness Travel Service Statement of Owner's Equity For the Year Ended April 30, 2019 Check My Work 3. Prepare a balance sheet as of April 30, 2019. When entering assets, enter them in order of liquidity. Wilderness Travel Service Balance Sheet April 30, 2019 Assets Total assets Liabilities Owner's Equity Total liabilities and owner's equity 4. What item appears on both the statement of owner's equity and the balance sheet
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