A list of accounts and their balances of O'Neill's Psychological Services, at its year end July 31, 2021, is presented below:

Supplies$725Unearned Revenue

1,270Supplies Expense

6,095Cash

6,460Accounts Receivable

7,365Accounts Payable9,650Rent Expense

10,885Notes Payable

22,150Salaries Expense

45,100T. O'Neill, Drawings

58,800Equipment60,000T. O'Neill, Capital

65,750Service Revenue

96,610

Prepare a trial balance in financial statement order.

Prepare an income statement.

Prepare statement of owner's equity.(List items that increase owner's equity first.)

Prepare balance sheet.