Trial Balance and Financial Statements The following account balances, in alphabetical order, are from the general ledger of The Columbus Service Company atJanuary 31. The rm began business on January 1t All accounts have normal balancest Accounts payable $6,240 Notes payable $14,400 Accounts receivable 50,400 Rentexpense 4,080 Advertisingexpense Loos Salariesexpense ' 19,200 Cash 24,960 Service fees earned 51,324 Commonstock 71,376 Supplies 21,504 Dividends 7,200 Supplies expense 24,600 Interestexpense 120 Utilities expense 768 Required at Prepare a trial balance from the given data b Prepare an income statement for the month ofJanuary. c. Prepare a statement of stockholders' equity for the month ofJanuary. d. Prepare a balance sheet as ofJanuary 31. Note: Do not use negative signs with your answers, unless otherwise noted (such as Dividends) Trial Balance Income Statement Statement of Stockholders' Equity Balance Sheet COLUMBUS SERVICE COMPANY Balance Sheet January 31 Assets Lia s ,, 9 Accounts Payable ,' i o '4 i Supplies 0 Total Liabilities ' Stockholders E 0 0 Total Stockholders' Equity 'Total Assets 3 0 Total Liabilities and Stockholders Equity 3 coco