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E3.21 (LO.5), AP The accounts in the ledger of Rapid Delivery Service contain the following balances on July 31, 2022. Prepare a trial balance and
E3.21 (LO.5), AP The accounts in the ledger of Rapid Delivery Service contain the following balances on July 31, 2022. Prepare a trial balance and financial statements. Accounts Receivable Accounts Payable Cash Equipment Maintenance and Repairs Expense Insurance Expense Notes Payable (due 2025) Prepaid Insurance Service Revenue Dividends Common Stock Salaries and Wages Expense Salaries and Wages Payable Retained Earnings (July 1, 2022) $13,400 8,400 ? 59,360 1,958 900 28,450 $ 2,200 15,500 700 40,000 7,428 820 5,200 Instructions a. Prepare a trial balance with the accounts arranged as illustrated in the chapter, and fill in the missing amount for Cash. b. Prepare an income statement, a retained earnings statement, and a classified balance sheet for the month of July 2022.
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