The adjusted trial balance of A Plus Events Piano Tuning Service at fiscal year end October 31, 2012, follows.

Requirements
1. Prepare A Plus's 2012 income statement.
2. Prepare the statement of owner's equity for the year.
3. Prepare the year-end balance sheet.
4. Which financial statement reports A Plus's results of operations? Were 2012 operations successful? Cite specifics from the financial statements to support your evaluation.
5. Which statement reports the company's financialposition?

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A PLUS EVENTS PIANO TUNING SERVICE Adjusted Trial Balance October 31, 2012 Balance Debit Credit Account Title Cash Accounts receivable Supplies Equipment Accumulated depreciation Accounts payable Unearned service revenue Salary payable Note payable Bach, capital Bach, drawing Service revenue Depreciation expense Salary expense Utilities expense Insurance expense Supplies expense Total S 12,300 10,700 1,800 25,800 S 12,300 3,300 4.600 700 15,000 9,000 36,000 66,000 5,500 9,600 4,100 3,700 1,400 $110,900 110,900