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The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals Cash Equipment (a) 187,000 (d)
The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals Cash Equipment (a) 187,000 (d) 27,800 2,700 (b) 43,e00 (c) 77,00e 670 (h) 10,700 4, 700 Accounts Receivable Accounts Payable 9,400 2,700 (c) 77,8 Supplies Wade Wilson, Capital (b) 43,000 (a) 187,000 Fees Income Telephone Expense (d) 27,880 9,400 670 Wade Wilson, Drawin Salaries Expense 4,700 (h) 10,700 Required: Prepare a trial balance and an income statement for Residential Relocators. The trial balance is for December 31, 2019, and the income statement is for the month ended December 31, 2019 Prepare a trial balance for Residential Relocators for the month of December 31, 2019. RESIDENTIAL RELOCATORS Trial Balance December 31, 2019 Account name Debit Credit Totals Prepare an income statement for Residential Relocators for the month ended December 31, 2019. RESIDENTIAL RELOCATORS Income Statement Month Ended December 31, 2019 Revenue Expenses Total expenses
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