Please help me in solving Question f It is really urgent Ba

Please help me in solving Question f . It is really urgent.

Based on the unadjusted trial balance for Cowan Village Travel on 31 December 2017, and the additional information provided below, you are required to: a) Record the balances below in appropriate ledger accounts general ledger accounts c) Prepare a trial balance after posting all transactions d) Prepare a Statement of Change in Owner\'s Equity e) Prepare the Income Statement f) Prepare a Classified Balance sheet in report form

Solution

(e) Income Statement :

(f) Classified Balance Sheet:

Service Revenue	$287500
Less: Expenses:
Salaries	68000
telephone	24000
supplies	700
depreciation	53000
rent	6000
Insurance	3500
Total expenses	155200
Net Income	$132300