The following account balances are taken from the general ledger of Chipcura Repairs Corporation at November 30, 2019.

Accounts payable $5,000

Rent expense $ 700

Accounts receivable 6,000

Repair revenue 8,350

Advertizing expense 500

Salaries expense 3,000

Bank loan 4,500

Salaries payable 1,000

Cash 2,000

Unused supplies 500

Share capital 8,000

Supplies expense 250

Commissions expense 1,500

Truck 8,000

Equipment 3,500

Truck operating expense 900

Required:

1. Prepare a trial balance at November 30, 2019. Ensure total debits equal total credits. General ledger account numbers (folio) are not necessary.

2. Prepare an interim income statement and statement of changes in equity for the month ended November 30, 2019.

3. Prepare an interim statement of financial position at November 30, 2019.