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-At the end of its first month of operations, Pampered Pet Service has the following unadjusted trial balance:PAMPERED PET SERVICEAugust 31, 2022Trial Balance Debit CreditCash
-At the end of its first month of operations, Pampered Pet Service has the following unadjusted trial balance:PAMPERED PET SERVICEAugust 31, 2022Trial Balance Debit CreditCash $5,400 Accounts Receivable 2,800 Supplies 1,300 Prepaid Insurance 2,400 Equipment 60,000 Notes Payable $40,000 Accounts Payable 2,400 Owners Capital 30,000 Owners Drawings 1,000 Service Revenue 4,900 Salaries and Wages Expense 3,200Utilities Expense 800 Advertising Expense 400Total $77,300$77,300Instructions:A-Prepare Income StatementB-classified balance sheet assuming $35,000 of the notes payable are long term.
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