Using the following partial Excel work sheet for Breakout Maze Co., prepare the Income Statement, the Statement of Changes in Equity, and an unclassified Balance Sheet for the company. Assume the owner did not make any investments in the business during the year.

Lasick Inc. Work Sheet For Year Ended June 30, 2019

Account Income Statement Statement of Changes in Equity and Balance Sheet

Dr. Cr. Dr. Cr.

Cash 11,265

Accounts receivable 1,500

Office supplies 1,300

Prepaid insurance 4,400

Building 120,000

Accumulated depreciation, Building 24,000

Notes payable 3,000

Salaries payable 3,160

M. Tomas, capital 65,355

M, Tomas, withdrawals 5,000

Motel rental revenue 55,000

Depreciation expense, Building 3,000

Salaries expense 1,200

Insurance expense 500

Rent expense 1,400

Office supplies expense 300

Repairs expense 400

Telephone expense 250

Totals 7,050 55,000 143,465 95,515

Profit 47,950 47,950

Totals 55,000 55,000 143,465 143,465

Lasick Inc. Income Statement For Year Ended June 30, 2019

Lasick Inc. Statement of Changes in Equity For Year Ended June 30, 2019

Lasick Inc. Balance Sheet June 30, 2019

Assets Liabilities and OE

Total Assets Total Liabilities and Equity