John Doe started his business, Copy Specialties, Inc., on January 5, 2019. The following information was obtained from the accounts of the company as of January 31, 2019.
In the space provided, please prepare, in proper form,
an Income Statement,
Statement of Stockholder's Equity
and Balance Sheet (unclassified) for the month ending January 31, 2019.

In addition, provide two observations on Profitability and two observations on Liquidity.

Rent Expense 2,000 Common Stock 20,000
Cash 2,000 Accounts Payable 3,000
Dividends 2,500 Utilities Expense 1,200
Service Revenue 9,000 Land 18,000
Accounts Receivable 2,000 Supplies ?
Supplies Expense 600