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a)

E2-17 Prepare trial balance and financial statements. (LO 4) AP A list of accounts and their balances of O'Neill's Psychological Services, at its year end July 31, 2017, is presented below. Supplies 790 Notes Payable $22,960 Unearned Revenue 1,350 Salaries Expense 45,540 Supplies Expense 5,960 T. O'Neill, Drawings 57,980 Cash 6,470 Equipment 58,900 Accounts Receivable 7,340 T. O'Neill, Capital 64,340 Accounts Payable 9,030 Service Revenue 96,180 Rent Expense 10,880 Instructions (a) Prepare a trial balance in financial statement order. (b) Prepare an income statement, statement of owner's equity, and balance sheet.BE2-8 Identify accounts and debit/credit analysis. (LO 2) C Fleming's Logistics Consulting has the following transactions during August. Aug. 1 Received $17,970 cash from the company's owner, Barbara Fleming. 4 Paid rent in advance for three months, $4,720. 5 Purchased $625 of office supplies on account. 6 Received $560 from clients for services provided. 17 Billed clients $1,210 for services provided. 27 Paid secretary $980 salary. 29 Paid the company's owner, Barbara Fleming, $720 cash for personal use. For each transaction, indicate (a) the basic type of account to be debited and credited (asset, liability, owner's equity); (b) the specific accounts to debit and credit (for example, Cash, Service Revenue, Accounts Payable); and (c) whether each account is increased (+) or decreased (-), and by what amount. Use the following format, in which the first one has been done for you as an example: Account Debited Account Credited (a) (b) (c) (a) (b) (c) Transaction Basic Type Specific Account Effect Basic Type Specific Account Effect Aug. 1 Asset Cash +$17,970 Owner's B. Fleming, +$17,970 Equity CapitalBE2-12 Record transactions. (LO 2) AP Using the data in BE2-8 for Fleming's Logistics Consulting, journalize the transactions