Statement of Owner's EquityThe revenues and expenses of Sentinel Travel Service for the year ended August 31, 2019, follow:Fees earned $722,525Office expense 166,180Miscellaneous expense 14,450Wages expense 346,810Prepare a statement of owner’s equity for the year ended August 31, 2019. Barb Schroeder, the owner, invested an additional $43,400 in the business during the year and withdrew cash of $27,500 for personal use. Barb Schroeder, capital as of September 1, 2018, was $195,000.

The assets, liabilities, and equities of Dickens Design Studio have the following balances at December 31, 2018. The owner, Rob Gatton, began the year with a $33,000 capital balance, contributed $15,000, and withdrew $51,000 during the year. Click the icon to view the account balances.) Prepare the income statement for Dickens Design Studio for the year ending December312018. Total Assets Net Income Balance Sheet December 31, 2018

Dorah, the sole stockholder of Barnie Inc., runs a home-cleaning service in the suburb of a large city. Her balance sheet as at January 31, 2019 is as follows: Barnie Inc.Balance SheetAs at January 31, 2019AssetsCash $4,600Accounts Receivable $15,300Equipment $9,000Accumulated Depreciation $-2,400Total Assets $26,500LiabilitiesAccounts Payable $2,400Notes Payable $12,100Total Liabilities $14,500Stockholder's Equity $12,000Total Liabilities & Stockholder's Equity $26,500 In the upcoming year, Dorah expects the following events to occur:Total revenues of $26,000 and total expenses of $16,800100% of accounts receivable from the prior year will be collected in the following yearCredit sales will represent 40% of revenues for the year100% of accounts payable owing from 2019 will be paid off in 2020By the end of January, 2020, Barnie will owe its suppliers $3,700No principal payments will be made on the bank loan during 2019Purchase of new equipment for $1,500. The entire purchase will…

The following items were reported on Kevin Company's statement of comprehensive income for the year ended December 31, 2021: Legal and audit fees-P170,000; Rent expense-P240,000; Interest expense-P210,000; Loss on sale of equipment-P35,000. The office space is used equally by Kevin's sales and accounting departments. What amount of the above-listed items should be classified as general and administrative expenses? A P325,000 B) P500,000 P290,000 D) P410,000