See attached

See attached


See the basic info required to do it, in the attachment.


  1. Prepare an income statement for the current year ended June 30, 2012

  2. Prepare a statement of owner’s equity for  the current year ended june 30, 2012.

  3. Prepare a balance sheet as of June 30, 2012

  4. What item appears on both the income statement and statement of owner’s equity?