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Based on the following information, make T-accounts, trial balance, statement of income, balance sheet, and a simple cash analysis. 3 Part 1: (a) 4 5

Based on the following information, make T-accounts, trial balance, statement of income, balance sheet, and a simple cash analysis. image text in transcribed
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3 Part 1: (a) 4 5 Transactions during April 2021: 6 7 A- Apr. 2 Ken invests $10,000 of his own money into the business 8 B- Apr. 2 Purchaseswith cash 2 lawmowers each with a cost of $400 9C-Apr. 2 Purchases with cash 2 trimmers at a cost of $180 each 10 D-Apr. 2 Purchases with cash 2 rakes at a cost of $20 each 11 E-Apr. 3 Using his credit card he places an ad in a local community website for $300 for the month 22 F - Apr. 3 Using his credit card he pays the monthly $200 fee for a website that can handle payments 13 G-Apr. 4 Purchases with cash $100 worth of gas. He will treat the gas as an expense. 14 H - Apr. 30 Records sales of $2,000of which he received $1,500 in cash and $500 on credit 15 - Apr. 30 Pays a worker $800 in cash for the work performed in the month 16 ) - Apr. 30 Recrds the depreciation for his equipment - lawnmowers, trimmers, and rakes 17 Ken believe his equipment will last 2 years and he will operate for 6 months per year 18 19 20 22 25 26 27 28 Part 1: (a) Transactions during April 2021: A- Apr. 2 B- Apr. 2 C-Apr. 2 D-Apr. 2 1 E-Apr. 3 2 F-Apr. 3 3 G-Apr.4 4 H - Apr. 30 5 - Apr. 30 6 ) - Apr. 30 Ken invests $10,000 of his own money into the business Purchaseswith cash 2 lawmowers each with a cost of $400 Purchases with cash 2 trimmers at a cost of $180 each Purchases with cash 2 rakes at a cost of $20 each Using his credit card he places an ad in a local community website for $300 for the month Using his credit card he pays the monthly $200 fee for a website that can handle payments Purchases with cash $100 worth of gas. He will treat the gas as an expense. Records sales of $2,000of which he received $1,500 in cash and $500 on credit Pays a worker $800 in cash for the work performed in the month Recrds the depreciation for his equipment - lawnmowers, trimmers, and rakes Ken believe his equipment will last 2 years and he will operate for 6 months per year 22 23

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