Trial balance

Items Debit Credit

Cash 42370
Accounts receivable 32600
Prepaid rent 8287
Supplies 50
Accounts payable 210
Uneraned revenue 14750
Salaries payable 2450
Common stock 53000
Dividends 1300
Service revenue 58950
Rent expense 7013
Salaries expense 36950
supplies expense 790
Total 129360 129360

Balance sheet
Assets
Cash 42370
Accounts receivable 32600
Prepaid rent 8287
Supplies 50
total assets 83307

Liabilities
Accounts payable 210
Uneraned revenue 14750
Salaries payable 2450
total liabilites 17410

Stockholder's equity
Common stock 53000
retained earnings 12897
total Stockholder's equity 65897

total liab. & equity 83307

 Income statement
Service revenue 58950

Expenses
Rent expense 7013
Salaries expense 36950
supplies expense 790
total expense -44753

Net income 14197

Statement of changes in stockholders equity

Beginning common stock 0
Plus:stock issued 53000
Ending common stock 53000

Beginning retained earnings 0

Add:net income 14197
less:dividends -1300
12897

total stockholder's equity 65897

Cash flow statement

Cash flow from operating activities
Received cash from customers(29500+3100+8500) 41100
Paid cash for expenses(-15300-630-34500) -50430
net cash flow from operating activities -9330

Cash flow form investing activities

Cash flow from financing activities

Received cash from stock issue 53000
Paid cash for dividends -1300
Nert cash flow from financing activities 51700

Net change in cash 42370

Add:beginning cash balance 0
Ending cash balance 42370