The balances of the assets and liabilities of TELETAX as of September 30, 20X2, follow. Also included are the revenue and expense figures of this tax-preparation business for September, Delivery service revenue. Accounts receivable. Accounts payable. M. Dalton, capital Salary expense. Required $9,100 6.900 Office equipment. Supplies... 1.750 Note payable ? Rent expense 2,000 Cashi $15.500 600 8.000 500 950 1. What type of business organization is TELETAX? How can you tell? 2. Prepare the balance sheet of TELETAX as of September 30, 20X2. 3. What does the balance sheet report-financial position or operating results? Which financial statement reports the other information?