As the bookkeeper 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 year2. An income statement for August, a statement of owner?s equity for August, and a balance sheet as of August 31, 2018. Note: this statement represents 3 months of activity.

Adjustment Dataa.?Two-thirds of the prepaid insurance remains prepaid at month-end.b.?Computer supplies on hand, $268.c.?Depreciation on computer equipment is based on the straight-line method, afour-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 TRIALBALANCE AUGUST 31, 2018 Cr. Dr. Cash 70 800 Prepaid Insurance Computer Supplies Computer Equipment Accumulated Depreciation, Computer Equipment 105000 42600 1148000 420000 Accounts Payable 84000 Lucy Northwest, Capital 288700 Lucy Northwest, Withdrawals 147800 Revenue from Services Provided 14 3 8500 Wages Expense Rent Expense Advertising Expense 47 6000 148500 92500 Totals 22 31200 22 3 1200