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The accounts in the ledger for Bastin Delivery service contain the following balances as of July 31, 2014. Prepare a classified Balance Sheet solving for

The accounts in the ledger for Bastin Delivery service contain the following balances as of July 31, 2014. Prepare a classified Balance Sheet solving for Cash.

a. Prepare a classified BS solving for Cash.

b. Prepare a Retained earnings statement.

c. Prepare a classified IS.

AR $13,400

AP 8,400

Cash ???

Equipment 59,360

Maint & Repair EXP 1,958

Insur Exp 900

Notes Payable (due 2017) 28,450

Prepaid Insurance 2,200

Service revenue 15,500

Dividends 700

Common Stock 40,000

Salaries Exp 7,428

Salraies Payable 820

Retained earnings at July 1 5,200

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