Question 2 to 4

Rohit Sharma owns a lawnmowing business called Terrific Lawn Maintenance. He has recorded all the transactions for the month of May 2020. The balances of accounts are shown below: ACCOUNT Balance end of May 2020 Accounts Payable $1,000 Accounts Receivable $500 Cash $1,500 Equipment $10,000 Maintenance Expense $100 Bank Loan $5,000 Retained Earnings $3,750 Dividends $1,400 Prepaid Insurance $1,200 Rent Expense $200 Service Revenue $5,200 Telephone Expense $150 Travel Expense $300 Unearned Revenue $400 QUESITON 2 Prepare an income statement for the month of May for Terrific Lawn Maintenance QUESTION 3 Prepare a statement of retained earnings for the month of May for Terrific Lawn Maintenance QUESTION 4 Prepare a nbalance sheet for the month of May for Terrific Lawn Maintenance