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Trial Balance and Financial Statements The following account balances, in alphabetical order, are from the general ledger of The Columbus Service Company atJanuary 31 .

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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 1 . All accounts have normal balances. Accounts payable 5,240 Notes payable 314,400 Accounts receivable 50,400 Rent expense 4,030 Advemsing expense 1,008 Salaries expense 19,200 Cash 24,950 Service fees earned 61 ,824 Common stock 71,376 Supplies 21,504 Dividends 7,200 Supplies expense 24,500 Interest expense 120 Utilities expense 768 Required 3. 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 COMPANV Trial Balance Jan u a ry 31 Debit Credit Cash 5 Accounts Receivable Supplies Accounts Payable Notes Payable Common Stock Dividends Service Fees Earned Advertising Expense interest Expense Rent Expense Salaries Expense Supplies Expense Utilities Expense Totals s ooocooocoooocoo ooooooooaoooooo

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