The trial balance for the Hot Suds Car Wash is listed below and in your working papers. 

1. Complete the work sheet in your working papers.

2. Prepare an income statement for the quarter ended September 30, 20--.

3. Prepare a statement of changes in owner’s equity. Regina Delgado made no additional investments during the period.

4. Prepare a balance sheet in report form.

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Hot Suds Car Wash Trial Balance For the Quarter Ended September 30, 20-- Debit 845700 58400 619 00 81000 460 00 15 240 00 216000 752200 150000 1963 00 413700 1186 00 350000 72000 48 858 00 101 Cash in Bank 105 Accts. Rec.-Linda Brown 110 Accts. Rec.-Valley Auto 115 Detailing Supplies 120 Detergent Supplies 125 Office Equipment 130 Office Furniture 135 Car Wash Equipment 201 Accts. Pay-Allen Vacuum Systems 205 Accts. Pay.-O'Brian's Office Supply 301 Regina Delgado, Capital 305 Regina Delgado, Withdrawals 310 Income Summary 401 Wash Revenue 405 Wax Revenue 410 Interior Detailing Revenue 501 Advertising Expense 505 Equipment Rental Expense 510 Maintenance Expense 520 Rent Expense 530 Utilities Expense S Credit 352800 121500 2384500 962300 8 019 00 262800 48 858 00 E S ∞