On May 1 last year, Juan Thornhill decided to turn his small business bookkeeping experience and start a training company for those looking to get office work, Thornhill Office Training. On April 30 this year, the companys general ledger showed the following balances. Use this information to prepare financial statement for the business. Accounts payable 9,900 Computer equipment 19,700 Accounts receivable 47,000 Prepaid rent 4,500 Rent expense 16,500 Juan Thornhill, capital July 31, 2016*, opening balance 79,800 Bookkeeper training revenue 3,500 Juan Thornhill, withdrawals 48,500 Payroll training revenue 138,500 Cash 6,100 Supplies 2,900 Furniture 13,700 Supplies expense 16,400 Interest expense 2,600 Utilities expense 10,300 Notes payable 25,000 Wages expense 68,500