Prepare an income statement, an owner's equity statement, and a balance sheet for the accupuncture practice of Bi Loi, from the items listed below for the month of September. Use the format on the answer sheet to insert your answers!!
Bi Loi, Capital, September 1 $42,000
Accounts payable 7,000
Equipment 30,000
Service revenue 25,000
Bi Loi, Drawings 6,000
Dental supplies expense 3,500
Cash 6,000
Utilities expense 700
Dental supplies 2,800
Salaries expense 9,000
Accounts receivable 14,000
Rent expense 2,000