Income Statement And Balance Sheet

16590 2200 5600 800 2520 3600 1120 420 2930 3670 800 6190 1690

2920 240 5030 6470 5790

1850

4390

Joan Miller Advertising Agency Income Statement For Feburary 2001 Revenue Cash Service Revenues

2800 1050 3850

Expenses Rent Expense Utilities expense Personal Living Expense Insurance expense Rent Expense Office Supply Expense Wages Net Income

400 190 1400 400 400 220 1580 4590 -740

Joan Miller Advertising Agency Balance Sheet for February 28, 2001 Assets Cash Account Recievable Fees Recievable Prepaid Insurance Prepaid Rent Art Acc. Dep. Office Acc. Dep.

$2,990.00 $4,000.00 $200.00 $440.00 $400.00 $160.00 $150.00

Asset Total:

$8,340.00

Liabilites and Shareholders' Equity Accounts Payable $5,110.00 Unearned art fees $1,690.00 wages payable $1,540.00 Common Stock Retained Earnings

Liabilities Total:

$$-

$8,340.00