Problem: Archie and Associates is a financial planning service. The account balances at July 31, 2014 are shown by the following alphabetical list: Accounts Payable $ 7,000 Accounts Receivable 21,000 Automobiles 27,500 Building 120,000 Cash 18,500 Computer Hardware 30,000 Computer Software 4,200 Land 42,000 M. Archie , Capital 179,700 Notes Payable 95,000 Notes Receivable 8,100 Office Furniture 15,400 Office Supplies 800 Technical Library 2,200 Service Revenue 10,000 Wage Expense 2,000 Instructions Prepare 1. Trial balance 2. Income statement 3. Owner's equity statement 4. Balance sheet