ricpaie dur aujusieu ufdi vaidle. SHEFFIELD CLEANERS Trial Balance March 31, 2020 Debit Credit Cash 8090 $ Accounts Receivable 6880 Supplies 300 1 1 TPrepaid Rent T 1000 T Prepaid Insurance 2000 Equipment 8500 Accumulated Depreciation-Equipment 270 Notes Payable 6600 Accounts Payable ble 1590 Salaries and Wages Payable 1140 1140 Salaries and Wages Payable 33 15900 1 Tinterest Payable Towner's Capital Yowner's Drawings Service Revenue 1 950 1 1 T 8580 1 TL Maintenance and Repairs Expense 1 TL 370 1 1 ETT TTTTTT 1820 Supplies Expense TDepreciation Expense 1820 T i O 270 1 1 1 Insurance Expense STO 400 1 I Salaries and Wages Expense 3000 Rent Expense 500 Interest Expense ISH Totals 34113 34113 Prepare the income statement for March. SHEFFIELD CLEANERS Income Statement For the Month Ended March 31, 2020 Revenues 1 Service Revenue 8580 Expenses - | Salaries and Wages Expense 3000 Supplies Expense 1820 Insurance Expense 400 Maintenance and Repairs Expense 370 Rent Expense 500 Depreciation Expense Interest Expense Total Expenses 6393 Net Income (Loss) search 2187 Prepare a Owner's Equity statement for March. (List items that increase owner SHEFFIELD CLEANERS Owner's Capital Statement For the Month Ended March 31, 2020 Owner's Capital, March 1 TAdd Investment 15900 Net Income / (Loss) 2187 18087 Owner's Drawings 950 Owner's Capital, March 31 17137 (93) Prepare a classified balance sheet at March 31. (List Current Assets in order of liquidity.) SHEFFIELD CLEANERS Balance Sheet March 31, 2020 Assets Current Assets Cash 8090 Accounts Receivable 6880 Supplies 300 Equipment 8500 Prepaid Insurance 2000 Total Current Assets 25770 Property, plant and Equipment Supplies 300 Equipment 8500 Prepaid Insurance 2000 Total Current Assets 25770 Property, Plant and Equipment Liabilities and Owner's Equity