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Question-5 Marks-30 The following accounts are taken from the ledger of Carland Company at December 31, 2017 200 Notes Payable S20,000 101 Cash S 6,000

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Question-5 Marks-30 The following accounts are taken from the ledger of Carland Company at December 31, 2017 200 Notes Payable S20,000 101 Cash S 6,000 301 Owner's Capital 28,000 126 Supplies 6,000 157 Equipment 80,000 729 Rent Expense 4,000 306 Owner's Drawings 8,000 212 Salaries and Wages Payable 3,000 726 Salaries and Wages Expense 38,000 201 Accounts Payable 11.000 400 Service Revenue 88,000 112 Accounts Receivable 8.000 Requirements: Prepare trial Balance, Income statement Owner's Equity statement and Balance sheet

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