Emily Obrian Consulting trail Balance 7/31/2020

Acct title Debit Credit

Cash 30,000

Acct receivable 8,000

office supplies 1,000

prepaid insurance 2,400

equipment 31,000

account payable 3,000

unearned revenue 1,500

notes payable 27,000

Obrian, capital 30,000

Obrian, withdrawals 2,500

Service revenue 16,000

salaries expense 1,200

rent expense 1,000

utilities expense 200

TOTAL 77,500 77,500

1. Prepaid the income statement for the month ended 12/31/20

2. Prepaid the statement of owner's equity for the month end 12/31/21, The owner did not make any contribution during the period

3. Prepare the balance sheet as of 12/31/21