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Doing a trial balance sheet in section D, then using that info, creating a Income Statement, Balance sheet, and Statement of Owner's Equity. Section D

Doing a trial balance sheet in section D, then using that info, creating a Income Statement, Balance sheet, and Statement of Owner's Equity.image text in transcribed

Section D D/recz'ianszThe accounts below, in alphabetical order, all have normal balances. Prepare a trial balance, with accounts in the correct order, for Aster's Accounting Service as of May 31, 20--. (30 points total) Accounts Payable $ 600 Prepaid Insurance $1,200 Accounts Receivable 700 Rent Expense 900 Aster, Capital 9,400 Service Fees 2,200 Aster, Drawing 1.000 Supplies 375 Cash 1,500 Telephone Expense 125 Computers 4.400 Wages Expense 2.000 Account Title Debit Credit-'Section E. Direct/ms: For the accounts given in Section D, prepare the: Income Statement Statement of Owner's Equity Balance Sheet Hint: there is a Net Loss for the month of May

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