what is in the statements

income statement

list of revenues

total revenues

list of expenses

total expenses

revenues - expenses = NET INCOME

statement of owners equity

beginning month capital

owner contribution

net income for the month (from income statement)

subtotal

owner withdrawal

subtotal - withdrawal

end of month capital

balance sheet

asset accounts

total asssets

liability accounts

owners equity accounts

total liabilities and equity

MAKE SURE THE ASSETS AND LIABILITIES BALANCE

trial balance

all asset accounts

all liabilities

all equity accounts

(use the final numbers from each account on ledger and place them in the debit or credit side)

totals of the debit column and credit column