Directions

From the trial balance you are to complete the three basic financial statements in the correct order (income, capital, and balance sheet).After completing the financialstatements,you are to comment on how the company is doing.

Required

Createthe three financial statements from the trial balance below.

Your name

Trial Balance

31-Dec-19

Account

Debit

Credit

Cash

86600

A/R

0

Furniture

810

Office Equipment

2000

A|P

810

Notes Payable

1900

Capital

80000

Fees Earned

8100

Rent Expense

1200

Utilities Expense

200

90810

90810