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From the Following List of Accounts,prepare an Income Statement,statement of Owner's

question 44

Essay

From the following list of accounts,prepare an income statement,statement of owner's equity,and balance sheet for the year ended or at December 31,20--,for Milner's Star Express Cleaning Service.
 Cash $2,026 Fees Earned 13,835 Accounts Payable 7,530 D. Milner, Capital January 1, 20– 6,000 D. Milner, Drawing 1,750 Utilities Expense 153 Prepaid Insurance 1,216 Rent Expense 1,200 Accounts Receivable 4,080 Equipment 15,290 Wages Expense 1,650\begin{array}{lr}\text { Cash } & \$ 2,026 \\\text { Fees Earned } & 13,835 \\\text { Accounts Payable } & 7,530 \\\text { D. Milner, Capital January 1, 20-- } & 6,000 \\\text { D. Milner, Drawing } & 1,750 \\\text { Utilities Expense } & 153 \\\text { Prepaid Insurance } & 1,216 \\\text { Rent Expense } & 1,200 \\\text { Accounts Receivable } & 4,080 \\\text { Equipment } & 15,290 \\\text { Wages Expense } & 1,650\end{array}

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