The following account balances were taken from the records of the Free Company on December $31,2023.$

Accounts Payable $ $2,000$

Accounts Receivable $4,000$

Advertising Expense $1,000$

Building $10,000$

Cash $2,000$

Commissions Revenue $15,000$

Interest Revenue $450$

Free, Capital $15,950$

Free, Withdrawals $1,500$

Equipment $6,000$

Interest Expense $100$

Note Payable $3,000$

Computer Supplies $300$

Rent Expense $2,000$

Repairs Expense $400$

Salaries Expense $6,000$

Telephone Expense $600$

Travel Expense $1,300$

Utilities Expense $1,200$

Required:

Prepare the Trial Balance for December $31,2010$; prepare the Income Statement, the Statement of Owner$$s Equity, and the Balance for December $31,2023.$ Use working papers from your textbook, or create your own.