These financial statement items are for Batra Corporation at year end, July 31, 2018:

Additional information:
Batra started the year with $15,000 of common shares and issued additional shares for $10,000 during the year.
Instructions
Prepare an income statement, statement of changes in equity, and statement of financial position for the year.

Salaries expense $32,500 Interest payable 1,000 900 12,000 3,000 17,940 10,800 5,000 1,500 20,000 44,700 Supplies expense 12,000 Dividends declared Salaries expense Unearned revenue Utilities expense Equipment Accounts payable Service revenue Rent revenue Common shares Cash 2,600 Depreciation expense 62,900 Retained earnings, August 1, 2017 4,220 Rent expense 113,600 Supplies 18,500 Supplies 25,000 Held for trading investments 5,060 Bank loan payable (due December21,80o 31, 2018) Accounts receivable 17,100 Interest expense 2,000 Accumulated depreciation- equipment 6.000