The chart of accounts for Angel’s Delivery Service of Flin Flon is as follows:

Angel’s Delivery Service completed the following transactions during the month of March 2013:
A. Alice Angel invested $16,000 in the delivery service from her personal savings account.
B. Bought delivery trucks on account, $18,000.
C. Bought office equipment for cash, $600.
D. Paid advertising expense, $250.
E. Collected cash for delivery services rendered, $2,600.
F. Paid drivers’ salaries, $900.
G. Paid gas expense for trucks, $1,200.
H. Performed delivery services for a customer on account, $800.
I. Telephone expense was due but not yet paid, $700.
J. Received $300 as partial payment of transaction H.
K. Alice Angel withdrew cash for personal use, $300.
As Alice’s newly employed accountant, you must:
1. Setup T accounts in a ledger.
2. Record transactions in the T accounts. (Place the letter of the transaction next to the entry.)
3. Foot the T accounts where appropriate.
4. Prepare a trial balance at the end of March 2013.
5. Prepare from the trial balance, in proper form,
a. An income statement for the month of March.
b. A statement of owner’s equity for the month of March.
c. A balance sheet as of March 31, 2013.