Blake Corporations' April 1 balances and transactions during April 2019 given in the following ledger accounts...

  

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Blake Corporations' April 1 balances and transactions during April 2019 given in the following ledger accounts (T accounts). Cash 4/1 4000 4/5 1000 4/17 2000 4/30 2000 4/19 7000 Accounts Receivable 4/1 7000 4/17 2000 4/1 9000 Auto Building 4/1 10000 Rent Expense 4/30 2000 Cash Accounts receivable Auto Building Accounts Payable Accounts Payable 4/5 1000 4/1 7000 Capital Stock Retained Earnings Professional Fee Income Rent Expense Common Stock 4/1 20000 Retained Earnings 4/1 3000 (a) Based upon the given ledger account balances, prepare a trial balance for April 30, 2019. Debit Credit Professional Fee Income 4/19 7000 (b) Based upon the trial balance, prepare the income statement, statement of retained earnings, and balance sheet. ASSETS Current Assets Cash Accounts Receivable Fixed Assets Auto Building Professional Fee Income Less: Rent Expense Net Income Total Current Assets Total Assets Income Statement For the Month Ended April 30, 2015 Retained Earnings, April 1, 2015 Net Income Retained Earnings, April 30, 2015 Total Fixed Assets Statement of Retained Earnings For the Month Ended April 30, 2015 Balance Sheet For the Month Ended April 30, 2015 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable Stockholders' Equity Capital Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity Blake Corporations' April 1 balances and transactions during April 2019 given in the following ledger accounts (T accounts). Cash 4/1 4000 4/5 1000 4/17 2000 4/30 2000 4/19 7000 Accounts Receivable 4/1 7000 4/17 2000 4/1 9000 Auto Building 4/1 10000 Rent Expense 4/30 2000 Cash Accounts receivable Auto Building Accounts Payable Accounts Payable 4/5 1000 4/1 7000 Capital Stock Retained Earnings Professional Fee Income Rent Expense Common Stock 4/1 20000 Retained Earnings 4/1 3000 (a) Based upon the given ledger account balances, prepare a trial balance for April 30, 2019. Debit Credit Professional Fee Income 4/19 7000 (b) Based upon the trial balance, prepare the income statement, statement of retained earnings, and balance sheet. ASSETS Current Assets Cash Accounts Receivable Fixed Assets Auto Building Professional Fee Income Less: Rent Expense Net Income Total Current Assets Total Assets Income Statement For the Month Ended April 30, 2015 Retained Earnings, April 1, 2015 Net Income Retained Earnings, April 30, 2015 Total Fixed Assets Statement of Retained Earnings For the Month Ended April 30, 2015 Balance Sheet For the Month Ended April 30, 2015 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities Accounts Payable Stockholders' Equity Capital Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity

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a Trial Balance as on April 30 2019 Debit Credit Cash 10000 Accounts Receivable 5000 Auto 9000 Build... View the full answer