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Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month just ended March 31, 2020: Account Accounts payable
Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month just ended March 31, 2020: Account Accounts payable Credit Debit $ 430 Accounts receivable $1,880 Cash 430 Equipment 630 Interest expense 10 Francois Laneuv, capital 1,980 Francois Laneuv, withdrawals 1,430 Notes payable 1,030 Prepaid insurance 230 Salaries expense 730 Service revenue 1,510 Unearned service revenue 390 Totals $5,340 $5,340 Required: Use the Information provided to complete an income statement, statement of changes in equity, and balance sheet. Revenues CYCLE TRAVEL TOURS Income Statement For Month Ended March 31, 2020 Service revenue + $ 1,510
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