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3. Trendsctter Iistuer Tavel Services began business on Jamuary 1, 2011. Balances at December 31,2011, are Accounts Payable Accounts Receivable Cash Computer Equipment Fees Eamed

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3. Trendsctter Iistuer Tavel Services began business on Jamuary 1, 2011. Balances at December 31,2011, are Accounts Payable Accounts Receivable Cash Computer Equipment Fees Eamed Rent Expense $12,000 Capital Stock $10,000 1,000 1,300 8,000 25,000 1,700 6,000 Supplics 18,000 Taxes Expense 21,000 70,000 Wages Expense 10,000 Supplics Expense Dividends Prepare an income statement, retained carnings statement, and a balance shet for Trendsetter Travel Services Trendsetter Travel Services Income Statement For the Year Ended December 31, 2011 Trendsetter Travel Services Retained Earnings Statement For the Year Ended December 31, 2011 Trendsetter Travel Services Balance Sheet December 31,2011 Liabilities Assets Stockholders' Equity Total stockholders' equity Total liabilitics and I stockholders' equity Total assets =s-s

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