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QUESTION 2 to QUESTION 4 Rohit Sharma owns a lawnmowing business called Terrific Lawn Maintenance. He has recorded all the transactions for the month of

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QUESTION 2 to QUESTION 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 balance sheet for the month of May for Terrific Lawn Maintenance

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