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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) 170,000
The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Cash Equipment (a) 170,000 (b) 26,888 (c) 68,880 (4) 10,000 (e) 588 (8) 1,000 (h) 9,888 (4) 3,000 Accounts Payable (c) 60,000 (b) Supplies 2,880 (f) Accounts Receivable 12,000 (8) 1,000 Scott Hamilton, Capital (a) 178,000 Fees Income Telephone Expense 50 (d) (f) 10,000 12,000 (e) 500 (5) Scott Hamilton, Drawing 3,000 Salaries Expense (h) 9,000 Required: Prepare a trial balance and an income statement for Residential Relocators. The trial balance is for December 31, 20X1, and the Income statement is for the month ended December 31, 20X1 Complete this question by entering your answers in the tabs below. Income Trial Balance Statement Prepare a trial balance for Residential Relocators for the month of December 31, 20x1. RESIDENTIAL RELOCATORS Trial Balance December $1, 2001 Account name Totals S Debit Credit S
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