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Please help, Below is the trial balance for Money Accounting Services Inc. Use the trial balance to prepare the following financial statement: Income Statement, Statement

Please help,

Below is the trial balance for Money Accounting Services Inc. Use the trial balance to prepare the following financial statement: Income Statement, Statement of Retained Earnings, and Balance Sheet.

Money Accounting Services, Inc

Trial Balance

For the year ended December 31, 2019

No

Account Name

Debit Credit
101 Cash 29,063.50
111 Accounts Receivable 16,475.00
121 Supplies 4,145.00
122 Prepaid Insurance 1,450.00
132 Equipment 64,375.00
201 Accounts Payable 5,875.00
213 Notes Payable 15,40000
301 Capital Stock 28,000.00
302 Retained Earnings 30,000.00
303 Dividends 2,000.00
401 Income from Services 124,800.00
500 Rent Expense 31,000.00
501 Salaries and Wages Expense 36,371.50
506 Utility Expense 10,450.00
507 Selling Expense 8,745.00
204,075.00 204,075.00

Use the following for Income Statement, Statement of Owner's Equity, and Balance Sheet.

Thank you

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