Question: Using the information in QS 1-19, prepare an income statement and statement of changes in equity for the month ended May 31, 2014, and a

Using the information in QS 1-19, prepare an income statement and statement of changes in equity for the month ended May 31, 2014, and a balance sheet at May 31, 2014.

In QS 1-19

s 5 25 1. Net loss 8. Repair supplies 9. Notes payable 10. Joan Bennish's 2. Rent expense 3. Rent payable 4. Accounts receivable 14 5. Joan Bennish's withdrawals in May 11. Truck 15 investments in May 30 12. Consulting fees earned 13. Joan Bennish, capital, 18 6. Interest revenue 7. Joan Bennish, capital, May 1, 2014 May 31, 2014 14. Cash 20

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