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One month transactions of Sam Company show the following balances. Prepare Balance Sheet on February 28, 2019. Rental Income $50,000 Consulting Income $4,000 Automobile $19,900

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One month transactions of Sam Company show the following balances. Prepare Balance Sheet on February 28, 2019. Rental Income $50,000 Consulting Income $4,000 Automobile $19,900 Rent Expense $15,000 Insurance Expense $6,500 Salary Expense $40,000 Cash $2,200 Accounts receivable $35,000 Office supplies $2,400 Office equipment $56,000 Tel Expenses $10,000 Advertising Expenses $70,500 Accounts Payable $20000 Capital $95,600 Withdrawal $100 Sale Inventory A $21,000 Sale Inventory B $30,000 Sale Inventory C $50,000 Office supplies Expenses $20,400

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