A list of accounts and their balances of O?Neill?s Psychological Services, at its year end July 31, 2021, is presented below.

Instructions

a. Prepare a trial balance in financial statement order.

b. Prepare an income statement, statement of owner?s equity, and balance sheet.

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Notes Payable Salaries Expense T. O'Neill, Drawings Equipment T. O'Neill, Capital Service Revenue Supplies Unearned Revenue Supplies Expense $ 790 $22,960 1,350 5,960 6,470 7,340 9,030 10,880 45,540 57,980 Cash Accounts Receivable Accounts Payable Rent Expense 58,900 64,340 96,180