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The post closing trial balance for Mavis Co. showed the following account balances: Cash 20,000 Accounts Receivable 1,900 Prepaid Insurance 600 Guaranteed Investment Certificate Delivery

The post closing trial balance for Mavis Co. showed the following account balances: Cash 20,000 Accounts Receivable 1,900 Prepaid Insurance 600 Guaranteed Investment Certificate Delivery Vans 24,000 66,000 Communication Equipment 4,000 Copyright Accounts Payable Wages Payable Vacation Payable Note Payable Mavis, Capital 26,000 6,800 12,000 600 63,000 49,000 Mavis, Drawings 24,000 Delivery Fees Earned 208,000 Van Maintenance Expense 17,000 Advertising Expense 1,600 Wages Expense 140,000 Depreciation Expense 6,000 Insurance Expense 8,300 339,400 339,400 Required: for current month end date, current year 1) Prepare an income statement in good form 2) Prepare a statement of equity in good form 3) Prepare a balance sheet in good form

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