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A list of accounts and their balances of Kings Psychological Services, at its year end July 31, 2024, is presented below: Supplies $815 Unearned Revenue

A list of accounts and their balances of Kings Psychological Services, at its year end July 31, 2024, is presented below:

Supplies $815
Unearned Revenue 1,150
Supplies Expense 6,055
Cash 6,475
Accounts Receivable 7,355
Accounts Payable 9,800
Rent Expense 10,770
Notes Payable 22,100
Salaries Expense 45,650
T. King, Drawings 57,700
Equipment 58,850
T. King, Capital 64,250
Service Revenue 96,370

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Prepare a trial balance. KING'S PHYCHOLOGICAL SERVICES Trial Balance Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).) KING'S PSYCHOLOGICAL SERVICES Income Statement $ $ Prepare statement of owner's equity. (List items that increase owner's equity first.) Prepare balance sheet. (List Assets in order of liquidity.) KING'S PSYCHOLOGICAL SERVICES Balance Sheet Assets $ $ Liabilities and Owner's Equity $

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