Trial Balance and Financial Statements The following account balances were prepared (out of order) from the...

Trial Balance and Financial Statements

The following account balances were prepared (out of order) from the general ledger of The Cat Whisperer, Inc. of January 31. The company trains cats having behavioral problems. The firm's accounting year began on January 1. All accounts have normal balances.

Facilities	$32,000	Office Rent Expense	$800
Maintenance Expense	460	Supplies Expense	1,760
Supplies	1,640	Utilities Expense	200
Advertising Expense	550	Fees Earned	20,470
Common Stock	37,600	Accounts Receivable	8,200
Cash	7,300	Salaries Expense	4,480
Accounts Payable	1,420	Dividends	2,100

Required
a. Prepare a trial balance from the given data.
b. Prepare an income statement for the month of January.
c. Prepare a statement of stockholders' equity for the month of January.
d. Prepare a balance sheet as of January 31.

Note: Do not use negative signs with your answers, unless otherwise noted (such as Dividends).

Trial Balance
Income Statement
Statement of Stockholders' Equity
Balance Sheet

THE CAT WHISPERER, INC. Statement of Stockholders' Equity For the Month Ended January 31
	Common Stock	Retained Earnings	Total
Balance, January 1
Add: Capital contributed
Add: Net Income
Less: Dividends paid(enter as a negative)
Balance, January 31

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