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Income, Statement of Changes of Owner's Equity and Report Form Balance Sheet of the problem below! The following are the balances of the ledger accounts of Chai's laundry Shop owned and operated by Charisa Samaniego, after two months of operations ended October 31, 2022 Cash - 85,000 Account Receivable - 2,500 Supplies - 2,000 Furniture & Fixture - 44,500 Equipment - 54,500 Accounts Payable - 8,000 Notes Payable - 3,000 C. Samaniego, Capital - 175,900 C. Samaniego, Drawing - 1,000 Laundry Revenue - 18,600 Rent Expense - 6,000 Repair & Maintenance Expense - 2,500 Utilities Expense - 4,000 Salaries Expense - 3,500

Income, Statement of Changes of Owner's Equity and Report Form Balance Sheet of the problem below! The following are the balances of the ledger accounts of Chai's laundry Shop owned and operated by Charisa Samaniego, after two months of operations ended October 31, 2022 Cash - 85,000 Account Receivable - 2,500 Supplies - 2,000 Furniture & Fixture - 44,500 Equipment - 54,500 Accounts Payable - 8,000 Notes Payable - 3,000 C. Samaniego, Capital - 175,900 C. Samaniego, Drawing - 1,000 Laundry Revenue - 18,600 Rent Expense - 6,000 Repair & Maintenance Expense - 2,500 Utilities Expense - 4,000 Salaries Expense - 3,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help with the Statement of Income, Statement of Changes of Owner's Equity and Report Form Balance Sheet of the problem below!

The following are the balances of the ledger accounts of Chai's laundry Shop owned and operated by Charisa Samaniego, after two months of operations ended October 31, 2022

Cash - 85,000
Account Receivable - 2,500
Supplies - 2,000
Furniture & Fixture - 44,500
Equipment - 54,500
Accounts Payable - 8,000
Notes Payable - 3,000
C. Samaniego, Capital - 175,900
C. Samaniego, Drawing - 1,000
Laundry Revenue - 18,600
Rent Expense - 6,000
Repair & Maintenance Expense - 2,500
Utilities Expense - 4,000
Salaries Expense - 3,500 

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