Trial Balance December 31, 2019 Credit Debit Account Titles Cash $ 29,500 16,500 3,000 Accounts Receivable $ 7,000 Prepaid Rent Accounts Payable Salaries Payable 2,400 Common Stock 35,000 72,000 Service Revenue Operating Expenses Rent Expense Salaries Expense 35,000 9,000 23,400 Totals $116,400 $116,400 Hide Required: mcbs proctoring online is tharing your screen Stop sharing 2. Prepare Income statement 14 Marks b. Prepare Statement of changes in stockholder's equity [4 Marks] Prepare Balance Sheet 15 Marks MacBook Air E % 5 0 6 & 7 V 8 A Trial Balance December 31, 2019 Credit Debit Account Titles Cash $ 29,500 16,500 3,000 Accounts Receivable Prepaid Rent Accounts Payable Salaries Payable Common Stock $ 7,000 2,400 35,000 72,000 Service Revenue Operating Expenses Rent Expense Salaries Expense 35,000 9,000 23,400 Totals $116,400 $116,400 Hide Required: ochsproctoring online is sharing your screen Stop sharing 2. Prepare Income Statement 14 Marks b. Prepare Statement of changes in stockholder's equity [ 4 Marks c. Prepare Balance Sheet 15 Marks MacBook Air 11 % E & 0 5 67 7 V 8A