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Guy McKinley Started the McKinley Charter Service at the Beginning

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Guy McKinley started the McKinley Charter Service at the beginning of August 2016.On August 31,2016,the accounting records of the business showed the following information.Prepare an income statement and a statement of owner's equity for the month and a balance sheet as of August 31,2016. Guy McKinley started the McKinley Charter Service at the beginning of August 2016.On August 31,2016,the accounting records of the business showed the following information.Prepare an income statement and a statement of owner's equity for the month and a balance sheet as of August 31,2016.

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