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The following trial balance is given to you for the month ended March 31st 2021. Using the information provided, prepare an income statement, statement of

The following trial balance is given to you for the month ended March 31st 2021. Using the information provided, prepare an income statement, statement of changes in equity and a balance sheet as a March 31st 2021 

Account debit credit accounts payable $46,000 

accounts receivable $3000 

building $80,000 

cash $17,000 

revenue $126,000 

Ara’s capital $122,000 

Ara’s with drawls $18,000 

land $84,000 

machinery $50,000

notes payable $114,000 

office supplies $3000 

office supplies expense $7000 

wages expense $146,000 

Total $408,000

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