Selected data from the ledger of Burt Co., after adjustments, on September 30, the end of the fiscal year, are listed a Accounts Receivable Accumulated Depreciation Office Equipment Prepaid Insurance...

Extracted text: Selected data from the ledger of Burt Co., after adjustments, on September 30, the end of the fiscal year, are listed a Accounts Receivable Accumulated Depreciation Office Equipment Prepaid Insurance $39,120 $82,700 60,540 4,680 Administrative Expenses Bob Burt, Capital Note Payable Salaries Payable Sales Selling Expenses Supplies 90,000 77,750 85,000 3,060 Bob Burt, Drawing Cost of Merchandise Sold Interest Revenue 65,000 950,000 550,000 102,000 3,125 10,000 Prepare a single-step income statement.


Extracted text: Burt Co. Income Statement For the Year Ended September 30 Revenues: Total revenues Expenses: Total expenses Prepare a statement of owner's equity. Burt Co. Statement of Owner's Equity For the Year Ended September 30