Given the information about "Ken" below, what would his T accounts, trial balance, statement of income, balance sheet, and cash analysis look like?

Transactions during April 2021:
A - Apr. 2	Ken invests $10,000 of his own money into the business
B - Apr. 2	Purchaseswith cash 2 lawmowers each with a cost of $400
C - Apr. 2	Purchases with cash 2 trimmers at a cost of $180 each
D - Apr. 2	Purchases with cash 2 rakes at a cost of $20 each
E - Apr. 3	Using his credit card he places an ad in a local community website for $300 for the month
F - Apr. 3	Using his credit card he pays the monthly $200 fee for a website that can handle payments
G - Apr. 4	Purchases with cash $100 worth of gas. He will treat the gas as an expense.
H - Apr. 30	Records sales of $2,000of which he received $1,500 in cash and $500 on credit
I - Apr. 30	Pays a worker $800 in cash for the work performed in the month
J - Apr. 30	Recrds the depreciation for his equipment - lawnmowers, trimmers, and rakes
	Ken believe his equipment will last 2 years and he will operate for 6 months per year

Answer rating: 100% (QA)

A trial balance includes a list of all general ledger account totals Each account should include an ... View the full answer