ANSWER ASAP

Mr. Cash is the owner of Money Management Company. The following is a list of his assets and liability accounts for March 2021: - Bank $65,000 Automobile $5000 Supplies $500 - A/R - Prose Portraits $2500 - Building $90,000 - A/P - Gray Designs $150 - Bank Loan $5000 - Mortgage $40,000 - Mr.Cash, Capital ??? PART ONE: Set up the beginning balances for Money Management Company in the ledger. Calculate Capital.. PART TWO: Record the following transactions for April 2015 in T-accounts for Money Management Company: 1. The owner needs to buy a new car for his family. He withdraws $5000 from the busines for personal use. 2. Used $20,000 of their bank loan to purchase a new car. 3. Bought supplies on account from Tim's Supplies for $365. 4. The owner invested $20,000 into the business. 5. Money Management Company pays their monthly telephone bill of $40. 6. They sold their services to Mr. Bing on account for $500. 7. They paid their employee's wages for the month of $1000. 8. Sold their services to Adrian Edge for $6000. He paid cash. 9. Paid $600 to their bank loan.PART THREE: Take off a trial balance to make sure your work is correct. PART FOUR: Create an income statement for Money Management Company. Were they profitable for the month of April 2015? Part FIVE - Create a balance Sheet....Use the template found that you works on from the PowerPoint. (Hint: In the Owner's Equity section, please make sure to include the opening balance AND any investment as your "opening balance".)