Nadeen company Trail Balance 31 August 2021 TITLES OF LEDGER ACCOUNTS Debit Capital Furniture 12,300 Credit 17,500 Cash 6,400 4,500 Accounts Payable Accounts Receivable Drawings 3,200 1,500 Advertising Expenses 1,500 Salaries 2,300 Loan 2,500 400 Rent received Land and Building 4,500 Salaries outstanding 1,000 Computer and software 2,000 1,100 Plant and Machinery Prepaid rent 1,200 Service fee income 14,200 Notes payable 600 Purchases 1,700 Stock (Inventory) 3,000 Total 40,700 40,700 Prepare: 1. Income Statement 2. Balance Sheet for the year August 2021