Sue Jantz started a business in August 20-- called Jantz Plumbing Service. Jantz hired a part-time college student as an administrative assistant. Refer to the trial balance on August 31, 20-- for...

Sue Jantz started a business in August 20-- called Jantz Plumbing Service. Jantz hired a part-time college student as an administrative assistant.

Refer to the trial balance on August 31, 20-- for Jantz Plumbing Service:

Jantz Plumbing Service

UNADJUSTED TRIAL BALANCE

August 31, 20--

Sue Jantz invested $30,000 of cash in the business and withdrew $3,000 of cash during the month.

Required:

1.	Prepare an income statement for Jantz Plumbing Service for the month ended August 31, 20--.
2.	Prepare a statement of owner’s equity for Jantz Plumbing Service for the month ended August 31, 20--.
3.	Prepare a balance sheet for Jantz Plumbing Service as of August 31, 20--.

Labels and Amount Descriptions

Labels
August 31, 20--
Expenses
For Month Ended August 31, 20--
Revenue
Amount Descriptions
Decrease in Capital
Increase in Capital
Investments During August
Net Income
Net Loss
Sue Jantz, Capital, August 1, 20--
Sue Jantz, Capital, August 31, 20--
Total Assets
Total Expenses
Total Investment
Total Liabilities and Owner’s Equity
Withdrawals for August

Income Statement

1. Prepare an income statement for Jantz Plumbing Service for the month ended August 31, 20--.

Income Statement Instructions

Jantz Plumbing Service

Income Statement

Jun 10, 2022

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