Exercise 3.6 (Algo) Preparing a trial balance and an income statement. LO 3-5, 3-6 The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Equipment 80,000 Accounts Receivable 10,000 (g) (c) (a) (d) 3,000 Cash 190,000 (b) 30,000 (e) 3,000 (h) (i) Accounts Payable (c) 46,000 700 11,000 5,000 Supplies 46,000 Scott Hamilton, Capital (a) 80,000 (b) 190,000 Fees Income Telephone Expense 700 Scott Hamilton, Drawing (i) 5,000 (d) (e) 30,000 10,000 Salaries Expense 11,000 (h) Required: Prepare a trial balance and an income statement for Residential Relocators. The trial balance is for December 31, 20X1, and the income statement is for the month ended December 31, 20X1. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Trial Balance Income Statement Prepare a trial balance for Residential Relocators for the month of December 31, 20X1. RESIDENTIAL RELOCATORS Trial Balance December 31, 20X1 Account name Debit Credit Totals $ 0 $ 0 Trial Balance Income Statement > Complete this question by entering your answers in the tabs below. Trial Balance Income Statement Prepare an income statement for Residential Relocators for the month ended December 31, 20X1. RESIDENTIAL RELOCATORS Income Statement Month Ended December 31, 20X1 Revenue Expenses Total expenses 0