During the first month of operations, Landish Modeling Agency recorded transactions in T account form.

Foot and balance the accounts.

Cash

Accounts Payable

Salary Expense

(a)

14,000

(b)

402

(k)

3,330

(g)

4,019

(c)

7,589

(d)

1,924

(j)

114

(i)

7,121

(f)

201

Bal.

(g)

4,019

(h)

2,600

Rent Expense

(d)

1,924

Bal.

Accounts Receivable

R. Landish, Capital

Supplies

(e)

3,072

(a)

14,000

(j)

114

Office Furniture

R. Landish, Drawing

Utilities Expense

(b)

402

(h)

2,600

(f)

201

Office Equipment

Modeling Fees

(k)

3,330

(c)

7,589

(e)

3,072

(i)

7,121

Bal.

Prepare a trial balance. List all the accounts in the proper order as described in the textbook. If no amount is required, leave the entry box blank.

Landish Modeling Agency
Trial Balance
March 31, 20--
ACCOUNT NAME	DEBIT	CREDIT

Prepare an income statement.

Landish Modeling Agency
Income Statement
For Month Ended March 31, 20--
Revenue:
		$
Expenses:
	$
Total Expenses
		$

Prepare a statement of owner's equity. If an amount is zero, enter "0".

Landish Modeling Agency
Statement of Owner's Equity
For Month Ended March 31, 20--
		$
	$
Subtotal	$
		$

Prepare a balance sheet dated March 31, 20--.

Landish Modeling Agency
Balance Sheet
March 31, 20--
Assets
	$
Total Assets		$
Liabilities
		$
Owner's Equity
Total Liabilities and Owner's Equity		$