The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals.

Cash
(a)	175,000	(b)	31,000
(d)	15,000	(e)	550
(g)	1,500	(h)	9,500
		(i)	3,500

Equipment
(c)	65,000

Accounts Receivable
(f)	11,000	(g)	1,500

Accounts Payable
		(c)	65,000

Supplies
(b)	31,000

Wade Wilson, Capital
		(a)	175,000

Fees Income
		(d)	15,000
		(f)	11,000

Telephone Expense
(e)	550

Wade Wilson, Drawing
(i)	3,500

Salaries Expense
(h)	9,500

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.

RESIDENTIAL RELOCATORS
Income Statement
Month Ended December 31, 2019
Revenue
Expenses
Total expenses		0

• RESIDENTIAL RELOCATORS
  Trial Balance
  December 31, 2019
  Account name	Debit	Credit
  Totals	$0	$0