Xi Inc. is a consulting firm that provided services to various clients. During the month of October, they had the following transactions:

• Oct 1: Received $25,000 from clients for services to be rendered.
• Oct 5: Paid $7,000 for office rent.
• Oct 10: Purchased office supplies worth $5,000 on credit.
• Oct 15: Provided services to clients and billed them $50,000.
• Oct 20: Received $45,000 from clients for services rendered.
• Oct 25: Paid $6,000 for utilities expenses.
• Oct 30: Paid $9,000 as salaries to employees.

Prepare the General Ledger accounts, Trial Balance, and Income Statement for Xi Inc. for the month of October.