As the book keeper of Maritime Internet Access Service of Amherst, use the information that follows to prepare:
1. A worksheet for August, the end of the first quarter in the current fiscal year
2. An income statement for August, a statement of owner€™s equity for August, and a balance sheet as of August 31, 2012
Adjustment Data
a. Two-thirds of the prepaid insurance remains prepaid at month-end.
b. Computer supplies on hand, $268.
c. Amortization on computer equipment is based on the straight-line method, a four-year life, and residual value of $1,400.
d. Wages earned but unpaid amounted to 64 hours at $15 per hour at month-end.
e. Advertising bill received, not yet paid, $245.

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MARITIME INTERNET ACCESS SERVICE TRIAL BALANCE AUGUST 31, 2012 Dr. Cr. 70800 Cash Prepaid Insurance Computer Supplies Computer Equipment Accumulated Amortization, Computer Equipment Accounts Payable Lucy Northwest, Capital Lucy Northwest, Withdrawals Revenue from Services Provided Wages Expense Rent Expense Advertising Expense Totals 105000 42600 1148000 4 2 0000 84000 28 8 700 1438 500 147800 47 6000 148500 92 500 2231 200 22 3 1 200