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Prepare posting, trial balance, balance sheet and income statement using worksheet. PARTICULARS DEBIT CREDIT a. Paint Equipment 12,300 71,000 Cashin Bank 83,300 80,000 Abapo, Capital

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Prepare posting, trial balance, balance sheet and income statement using worksheet. PARTICULARS DEBIT CREDIT a. Paint Equipment 12,300 71,000 Cashin Bank 83,300 80,000 Abapo, Capital # b. Vehicle Equipment Cashin Bank Note Payable # c. Painting Supplies Accounts Payable 50,000 30,000 3,200 3,200 #1 d. Accounts Receivables 4,800 4,800 Painting Revenue # e. Cash in Bank 1,500 Painting Revenue 1,500 #1 f. Painting Supplies 1,600 Cash in Bank 1,600 # g. Cashin Bank 4,800 Accounts Receivable 4,800 # h. Prepaid Insurance Cash in Bank 4,000 4,000 # 6,200 6,200 1,500 i. Accounts Receivable Painting Revenue # j. Salaries Expense Cash in Bank # Maintenance Expense Cash in Bank 1,500 400 400 # k. Accounts Payable 3,200 Cash in Bank 3,200 # 3,300 1. Utilities Expense Cash in Bank 3,300 #1 Cash in Bank 2,500 2,500 Abapo, Capital # 10,000 m. Drawings Cash in Bank 10,000 # 2,000 n. Salaries Expense Cash in Bank 2,000 # 3,000 o. Maintenance Expense Cashin Bank 3,000 #

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