1. Prepare a balance sheet and income statement as a result of the following transactions:

1. Deposit $3000 in a bank account
2. Rent a van at a cost of $400
3. Purchase a power sweeper for $900
4. Order 2000 circulars and paid the printer $120
5. Purchase $300 worth of cleaning supplies
6. Bought equipment worth $900; paid $200 now and will pay the balance later.
7. Earned $350 for washing windows
8. Received $900 in fees for work performed
1. Purchased supplies for $80, with cash
10. Hired a helper and paid him $240
11. Earned $400 in fees for work; payment will be received later.
50. Owner withdrew $1000 from the business for personal use
1000. Received a phone bill for $20, and payment will be made later.
14. Paid the landlord $300
15. Received $2000 for work performed.