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Exercise 2-19 Preparing financial statements from a trial balance 106 CHECK FIGURES: Profit = $770; Total assets = $3,170 Cycle Travel Tours showed the following

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Exercise 2-19 Preparing financial statements from a trial balance 106 CHECK FIGURES: Profit = $770; Total assets = $3,170 Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month just ended March 31, 2020: Account Debit Credit $ 430 Y $1,880 430 630 10 1,980 Accounts payable Accounts receivable. Cash...... Equipment.. Interest expense. Francois Laneuv, capital Francois Laneuv, withdrawals Notes payable Prepaid insurance Salaries expense Service revenue Unearned service revenue. Totals 1.430 1,030 230 730 1.510 390 $5,340 $5,340

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