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Sonya Smart started her own business, Clear Sky Cleaning. She offers interior and exterior window cleaning for local area residents. Sonya rents a garage to

Sonya Smart started her own business, Clear Sky Cleaning. She offers interior and exterior window cleaning for local area residents. Sonya rents a garage to store her tools and cleaning supplies and has a part-time assistant to answer the phone and handle extra work when necessary.
(a) Sonya made a deposit in a bank account for the business, $28,000.
(b) Paid rent, $1,150.
(c) Purchased a used van for cash, $15,000.
(d) Purchased tools on account from Clean Tools, $2,600.
(e) Purchased cleaning supplies that cost $2,300. Paid $200 cash and will pay the balance next month.
(f) Paid part-time assistant (wages) for first half of month, $700.
(g) Paid for advertising, $275.
(h) Paid two-year premium for liability insurance on van, $4,480.
(i) Received cash for services performed, $2,800.
(j) Performed cleaning services for clients on account, $3,500.
(k) Paid phone bill, $240.
(l) Received cash from clients for window cleaning performed on account in transaction (j), $2,000.
(m) Paid part-time assistant (wages) for second half of month, $700.
(n) Made partial payment on tools purchased in transaction (d), $1,200.
(o) Earned additional revenues amounting to $4,800: received $2,500 in cash.
(p) Sonya withdrew cash at the end of the month for personal expenses, $3,100.
1. Foot T-Accounts to confirm the debit and credit balances.
2. Create a Trial Balance report to show ending balances.
3. Create a Profit and Loss Statement, and Balance Sheet as of September 30,2023.

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