Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month...
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Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month just ended March 31, 2020: Account Accounts payable Accounts receivable Cash Equipment Interest expense Francois Laneuv, capital Francois Laneuv, withdrawals Notes payable Prepaid insurance Salaries expense Service revenue Unearned service revenue Totals Debit Credit $ 478 $ 1,928 478 678 18 1,478 278 778 2,928 1,879 1,598 438 $5,588 $5,588 Required: Use the information provided to complete an income statement, statement of changes in equity, and balance sheet Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month just ended March 31, 2020: Account Accounts payable Accounts receivable Cash Equipment Interest expense Francois Laneuv, capital Francois Laneuv, withdrawals Notes payable Prepaid insurance Salaries expense Service revenue Unearned service revenue Totals Debit Credit $ 478 $ 1,928 478 678 18 1,478 278 778 2,928 1,879 1,598 438 $5,588 $5,588 Required: Use the information provided to complete an income statement, statement of changes in equity, and balance sheet
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