Crazy Mountain Tours Co. is a travel agency. The nine transactions recorded by Crazy Mountain Tours during May 20Y2, its first month of operations, are indicated in the following T accounts:

Cash

Transaction	Debit amount	Transaction	Credit amount
(1)	43,300	(2)	3,050
(7)	17,300	(3)	5,600
		(4)	4,750
		(6)	13,000
		(9)	4,300

Equipment

Transaction	Debit amount	Transaction	Credit amount
(3)	31,200

Dividends

Transaction	Debit amount	Transaction	Credit amount
(9)	4,300

Accounts Receivable

Transaction	Debit amount	Transaction	Credit amount
(5)	23,400	(7)	17,300

Accounts Payable

Transaction	Debit amount	Transaction	Credit amount
(6)	13,000	(3)	25,600

Service Revenue

Transaction	Debit amount	Transaction	Credit amount
		(5)	23,400

Supplies

Transaction	Debit amount	Transaction	Credit amount
(2)	3,050	(8)	1,750

Common Stock

Transaction	Debit amount	Transaction	Credit amount
		(1)	43,300

Operating Expenses

Transaction	Debit amount	Transaction	Credit amount
(4)	4,750
(8)	1,750

a. Prepare an unadjusted trial balance. List all the accounts in the order of Assets, Liabilities, Stockholders equity, Revenues, and Expenses. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank.

Crazy Mountain Tours Co. Unadjusted Trial Balance May 30, 20Y2

Line Item Description	Debit Balances	Credit Balances
Accounts PayableCashCommon StockDividendsOperating ExpensesCash	Cash	Cash
Accounts PayableAccounts ReceivableCommon StockDividendsOperating ExpensesAccounts Receivable	Accounts Receivable	Accounts Receivable
Accounts PayableCommon StockDividendsOperating ExpensesSuppliesSupplies	Supplies	Supplies
Accounts PayableEquipmentDividendsOperating ExpensesService RevenueEquipment	Equipment	Equipment
Accounts PayableAccounts ReceivableDividendsService RevenueSuppliesAccounts Payable	Accounts Payable	Accounts Payable
Accounts ReceivableEquipmentCommon StockDividendsOperating ExpensesCommon Stock	Common Stock	Common Stock
Accounts PayableAccounts ReceivableEquipmentDividendsOperating ExpensesDividends	Dividends	Dividends
CashDividendsOperating ExpensesService RevenueSuppliesService Revenue	Service Revenue	Service Revenue
Common StockEquipmentOperating ExpensesService RevenueSuppliesOperating Expenses	Operating Expenses	Operating Expenses
Total	Total	Total

Feedback

a. Accounts with debit balances should be placed in the Debit column and those with credit balances are placed in the Credit column. When finished, the column totals must be equal.

b. Based upon the unadjusted trial balance, determine the net income or net loss. fill in the blank 1 of 2

Net incomeNet lossNet income

fill in the blank 2 of 2$