The T account balances for the accounts of Rya’s Planning Services as of January 31, 2019 are listed below. Cash $ 21,500 Accounts Receivable 17,500 Office Supplies 500 Equipment 15,000 Accounts Payable 9,750 Rya Page, Capital 28,200 Rya Page, Drawing 5,000 Planning Fees Income 26,250 Office Supplies Expense 200 Rent Expense 800 Salaries Expense 3,000 Utilities Expense 7001. Prepare an income statement for the Rya’s Planning Services for the month ended January 31, 2019. 2. Prepare a statement of owner’s equity for Rya’s Planning Services for the month ended January 31, 2019.
3. Prepare a balance sheet for Rya’s Planning Services as of January 31, 2019.

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy.year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period.required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.