1. J+S Incorporated reported the following adjusted trial balance numbers for 12/31/2012.
Cash $50,000
A/R $20,000
Supplies $10,000
Prepaid Rent $15,000
Land $250,000
Building $175,000
Accum Depr. – Build. $55,000
Accts Payable $65,000
L.T. Note Payable $80,000
Unearned Revenue $100,000
Owner Capital $50,000
Owner Drawing $15,000
Service Revenue $300,000
Salary Expense $65,000
Rent Expense $35,000
Utility Expense $15,000
Below, create the financial statements for J+S Incorporated for the year ended 12/31/2012. There were no investments by the owner for 2012. Use proper formatting. (Income Statement, Statement of Owners Equity, Side-by-Side Bal. Sheet)