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Prepare an income statement and an owner equity statement and a balance sheet for sale sports club from the accounts listed below for the month of november.
Saleh Capital November
$ 21000
Equipment
15000
Salaries expense
4500
Supplies
1400
Accounts receivable
7000
Service revenue
12500
Saleh Drawings
3000
Account payable
3500
Rent expenses
1000
Supplies expense
1750
Cash
Utilities expense
350
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Raw materials purchases of $500,000 were received before yearend but remain unaccrued pending receipt of the vendors' invoices.
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