Use the following information to prepare an Income Statement for the month and a

Balance Sheet. (19.5 marks)

Ryan George Painting

UNADJUSTED TRIAL BALANCE

December 31, 2020

Cash

Accounts recelvable

Supplies

Equipment

Accounts pavable

Ryan George, Capital Service revenue

Gasoline expense

Rent expense

Repairs expense

Salary expense

Deblts

$ 33,100

3,000

400

22,500

Credits

$ 5.500

33.600

30.500

2,200

3,200

1.800

3.400

$69.600

$69,600

Hint: On the balance sheet, use $53,500 as the balance for the capital account. You would have figured that out if you created the statement of Owner's Equity but we don't have time for that step!