Question 1: The following data are listed in alphabetical order. Prepare the Genie financial statements at the end of April 20X9. Cash Accounts payable Accounts receivable Common stock Land Dividends. Rent expense Salary expense Service revenue Supplies Utilities expense 45,300 1000 2000 45,000 15,000 2400 2100 2200 15,000 8700 600 Required (5 marks) 1. Prepare the income statement, the statement of Owners' Equity, and the statement of cash flows for the month ended April 30, 20X9, and the balance sheet at April 30, 20X9. Draw arrows linking the statements. 2. Answer the following questions: a. How well did Genie perform during its first month of operations? b. Where does Genie stand financially at the end of April? Question 1: The following data are listed in alphabetical order. Prepare the Genie financial statements at the end of April 20X9. Cash Accounts payable Accounts receivable Common stock Land Dividends. Rent expense Salary expense Service revenue Supplies Utilities expense 45,300 1000 2000 45,000 15,000 2400 2100 2200 15,000 8700 600 Required (5 marks) 1. Prepare the income statement, the statement of Owners' Equity, and the statement of cash flows for the month ended April 30, 20X9, and the balance sheet at April 30, 20X9. Draw arrows linking the statements. 2. Answer the following questions: a. How well did Genie perform during its first month of operations? b. Where does Genie stand financially at the end of April