Question 5 The accounts in the ledger of Rapid Delivery Service contain the following balances on July 31, 2017. 3,900 16,600 830 40,170 9,428 970 $14,900 Prepaid Insurance 9,900 Service Revenue Accounts Receivable Accounts Payable Cash Equipment Maintenance and Repairs Expense Insurance Expense Dividends 59,530 Common Stock 3,058 Salaries and Wages Expense Salaries and Wages Payable Retained Earnings (July 1, 770 Notes Payable (due 2020) 30.45 6,900 RAPID DELIVERY SERVICE Trial Balance Debit Credit Accounts Receivable 4,900 Accounts Payable 9,900 Cash 59,530 Equipment Maintenance and Repairs Expense Insurance Expense Notes Payable Prepaid Insurance Service Revenue Dividends Common Stock Salaries and Wages Expense Prepare an income statement for the month of July 2017 RAPID DELIVERY SERVICE Income Statement Prepare a retained earnings statement for the month of July 2017. (List items that increase retained earnings first.) RAPID DELIVERY SERVICE Retained Earnings Statement Prepare a classified balance sheet for the month of July 2017. (List current assets in order of liquidity) RAPID DELIVERY SERVICE Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity Show Work is REQUIRED for this question: Open Show Work