The trial balance of the Jenifer Mullins Company as of December 31, 2020 is presented below. Calculate the totals on the trial balance. Prepare an income statement, statement of owner's equity and a balance sheet for the year ended (date of), December 31, 2020. Every yellow cell requires either an account title or a dollar amount. Use the dropdown list to select the proper account titles. Enter a formula to enter all dollar amounts.
					Jenifer Mullins Company
Trial Balance
December 31, 2020
	Debit	Credit
Cash	$5,200
Accounts receivable	900
Inventory	10,600
Prepaid insurance	3,300
Buildings	26,900
Accounts payable		$7,100
Unearned subscriptions		3,900
Jenifer Mullins, Capital		34,500
Jenifer Mullins, Withdrawals	1,100
Subscriptions revenue		6,700
Rental revenue		1,200
Wages expense	2,300
Utilities expense	1,900
Rent expense	1,200
Totals	$53,400	$53,400

2) Prepare a statement of owner's equity for Jenifer Mullins Company for the year ended December 31, 2020. The owner invested $5,200 during the current year (Cell D52). Hint: You must calculate the beginning balance in the capital account.
				Jenifer Mullins Company
				Statement of Owner's Equity
				For Year Ended December 31, 2020
Jenifer Mullins, Capital, January 1, 2020
Investment by owner		5,200
Subtotal
Withdrawals by owner
Jenifer Mullins, Capital, December 31, 2020