Question: View Policies Current Attempt in Progress Headlands Russell opened Total Care Services on May 1, 2021. Prepare an income statement, statement of owner's equity and
View Policies Current Attempt in Progress Headlands Russell opened Total Care Services on May 1, 2021. Prepare an income statement, statement of owner's equity and a balance sheet for Total Care Services for the month ended, May 31, 2021, using the following accounts in the first month of operations: Cash Accounts Receivable Supplies Vehicles Equipment Accounts Payable H. Russell, Capital H. Russell, Drawings Service Revenue Fuel Expense Telephone Expense $1,560 $1,564 $322 $2,760 $2,116 $644 $5,336 $920 $3,404 $100 $42 Prepare the income statement for Total Care Services TOTAL CARE SERVICES
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