1.Calculate the balance for each of the accounts, using the T accounts and footing.

2. Categorize each account under Assets, Liabilities, Equity, Revenue or Expenses.

3. Prepare an Income Statement, Statement of Owner's Equity, and a Balance Sheet.

Clerk 9,1720210 - Protected View Home Or Page Layout Forma Data View HORCHID VIEW Bedrom the con contain Union you need to do soy Protected NE Cle G A D E F M The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals The entries for the first transaction are labeled with the letter (O), the entries for the second transaction with the letter (b), and so on Determine the balance of each account Cash Accounts Payable Fees Income Salaries Expense $ 170.000 524.000 36.000 IN 5900 $10.000 1.000 9.000 D 3.000 680 $10.000 $10.400 5 5 5 12 Equipment 5 000 Supplies $2,000 Telephone Expense 500 14 fo 1 18 Accounts Receivable 5 10.400 5 1000 Wade Wilson, Capital A) 51717000 Wade Wilson, Drawing 5 3000 1 20 20 Sheet 657 O Type here to search E