What am I missing? I can\'t seem to get it right. I\'m preparing an income state

Question

What am I missing? I can't seem to get it right. I'm preparing an income statement, statement of retained earnings, and balance sheet for April 30th. The balance sheet is complete and correct, but I'm missing something with the rest. Help?

ork- Google Chome cation.com/m.tp 8.33 points Problem 3-6A Part 5 5.1 Prepaie the incoma statement for the moth of Apri 30 2015 Answer is not complete. ADVENTURE TRAVEL Inconme Statement For Month Ended Apl 30, 2015 Revenues 5750 O Expersas Rent expense 0 3.620 Repars sxpense Telephons expense Offcs supples sopense Dapiscistan expome-Computer equip

Explanation / Answer

your owners equity under balance sheet should be as follows Equity Common stock 50,000 Retained earnings 697 total liabilities and equity 51,117 (Retained earnings should never be clubbed with common stock, it should be separate head under Equity)

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