Prepare a trial balance and financial statements.

The accounts in the ledger of Bastin Delivery Service contain the following balances on July 31, 2017.

Accounts Receivable	$13,400
Accounts Payable	8,400
Cash	12,424
Equipment	80,000

Maintenance and Repairs Expense 1,958

Insurance Expense	900
Accumulated Depreciation	20,640
Notes Payable (due 2020)	28,450
Prepaid Insurance	2,200
Service Revenue	15,500
Dividends	700
Common Stock	40,000
Salaries and Wages Expense	7,428
Salaries and Wages Payable	820
Retained Earnings (July 1, 2017)	5,200

Instructions:

Prepare a trial balance with the accounts arranged in financial statement order (assets, liabilities, equity, revenue, expense) and fill in the missing amount for Cash.

Prepare an income statement, a retained earnings statement, and a classified balance sheet for the month of July 2017.

Debit redit Bastin Ddiv Service For the Month Ended July 31, 2017 8astin De ivery Sevice tatement of Retained Earni For theMonth Ended July 31, 2017 Bastin De ivery Servic Balance Sheet July 31,2017