Answer to Question #313772 in Marketing for destiny

Question

John Doe started his business, Copy Specialties, Inc. on January 5, 2016. The following information was obtained from the accounts of the company as of January 31, 2016. In the space provided, please prepare, in proper form, an Income Statement, Statement of Stockholder’s Equity and Balance Sheet for the month ending January 31, 2016.

Answer 1

Income Statement Service Revenue $ 9,000.00 Less: Expenses Rent Expense $ 1,000.00 Utilities Expense $ 500.00 $ 1,500.00