The accounts in the ledger of Bastin Delivery Service contain the following balances on July 31, 2014.

Instructions
(a) Prepare a trial balance with the accounts arranged as illustrated in the chapter, and fill in the missing amount for Cash.
(b) Prepare an income statement, a retained earnings statement, and a classified balance sheet for the month of July2014.

Transcribed Image Text:

S 2,200 15,500 700 40,000 7,428 820 5,200 Accounts Reccivable $13,400 Prepaid Insurance 8,400 Service Revenue Accounts Payable Cash Dividends Equipment Maintenance and 59,360 Common Stoc Salaries and Wages Expense 1,958 Salaries and Wages Payable Repairs Expense Insurance Expense Notes Payable (due 2017) 900 Retained Earnings 28,450 (July 1, 2014)