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2. The ledger of Emily Stokaluk as at March 31, 20 is given below. Bank Accounts Receivable 10 100 8 300 Supplies 950 Land 35

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2. The ledger of Emily Stokaluk as at March 31, 20 is given below. Bank Accounts Receivable 10 100 8 300 Supplies 950 Land 35 000 Building 110 000 Equipment 22 000 Automobiles 24 000 Accounts Payable 2 800 Bank Loan 10 000 Mortgage Payable 75 000 E. Stokaluk, Capital 52 088 E. Stokaluk, Drawings 15 000 Fees Earned 132 500 Interest Earned 1 000 Advertising Expense I 200 Bank Charges Expense 350 Utilities Expense 1 640 Building Maintenance Expense 420 Miscellaneous Expense 128 Gas and Oil Expense I 800 Car Repair Expense 850 Wages Expense 41 650 A. Prepare a trial balance in your Workbook. B. Prepare a chart of accounts based on the numbering system used in the text and shown on page 131. C. Prepare a simple income statement (one month)

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