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From the following trial balance, prepare the three financial statements. (Click the icon to view the trial balance.) Prepare the income statement. Complete the
From the following trial balance, prepare the three financial statements. (Click the icon to view the trial balance.) Prepare the income statement. Complete the heading as well as the body of the statement. (If a box is not used in the income statement leave the box empty: do not select a label or enter a zero.) Data table Hall's Gym Trial Balance Sept. 30, 201X Dr. Cr. Cash 350 Accounts Receivable 1,050 Gym Equipment 4,000 Accounts Payable 500 Patwin Hall, Capital 3,550 Patwin Hall, Withdrawals 100 Gym Fees 3,100 Rent Expense 400 Advertising Expense 150 1,100 Salaries Expense 7,150 7,150 Totals Print Done
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