In pearson

Transactions A. Will Alto invested $29,000 in the delivery service from his personal savings account. B. Bought delivery trucks on account, $12,000. C. Bought office equipment for cash, $700. D. Paid advertising expense, $200. E. Collected cash for delivery services rendered, $3,500. F. Paid drivers' salaries, $1,000. G. Paid gas expense for trucks, $1,200. H. Performed delivery services for a customer on account, $800. I. Telephone expense due, but unpaid, $150. J. Received $100 as partial payment of Transaction H. K. Will withdrew cash for personal use, $300. Requirements As Will Alto's newly hired accountant, you must perform the following 1. The T accounts in the ledger have been set up for you. Record transactions in the T accounts. (Place the letter of the transaction next to the entry.) 2. Foot the T accounts where appropriate and determine the ending balances. 3. Prepare a trial balance at the end of March. 4. Prepare from the trial balance, in proper form, (a) an income statement for the month of March, (b) a statement of owner's equity, and (c) a balance sheet as of March 31, 20XX. Transactions A. Will Alto invested $29,000 in the delivery service from his personal savings account. B. Bought delivery trucks on account, $12,000. C. Bought office equipment for cash, $700. D. Paid advertising expense, $200. E. Collected cash for delivery services rendered, $3,500. F. Paid drivers' salaries, $1,000. G. Paid gas expense for trucks, $1,200. H. Performed delivery services for a customer on account, $800. I. Telephone expense due, but unpaid, $150. J. Received $100 as partial payment of Transaction H. K. Will withdrew cash for personal use, $300. Requirements As Will Alto's newly hired accountant, you must perform the following 1. The T accounts in the ledger have been set up for you. Record transactions in the T accounts. (Place the letter of the transaction next to the entry.) 2. Foot the T accounts where appropriate and determine the ending balances. 3. Prepare a trial balance at the end of March. 4. Prepare from the trial balance, in proper form, (a) an income statement for the month of March, (b) a statement of owner's equity, and (c) a balance sheet as of March 31, 20XX