Reference no: EM132664407

The following account balances, in alphabetical order, are from the general ledger of Morgan's Waterproofing Service at January 31. The firm began business on January 1. All accounts have normal balances.

Accounts payable       $2,860

Notes payable           $6,600

Accounts receivable      23,100

Rent expense               1,870

Advertising expense         462

Salaries expense          8,800

Cash                          11,440

Service fees earned        28,336

Common stock             32,714

Supplies                     9,856

Dividends                 3,300

Supplies expense         11,275

Interest expense55Utilities expense 352

Required

Problem a. Prepare trial balance from the given data.

Problem b. Prepare income statement for the month of January.

Problem c. Prepare statement of stockholders' equity for the month of January.

Problem d. Prepare balance sheet as of January 31.