Rand Equipment Repair: Journalize, post and prepare trial balance, income statement
See attached file for the table. On September 1, 2008, the account balances of Rand Equipment Repair, Inc. were as follows. No. Debits No. Credits 101 Cash $4,880 154 Accumulated Depreciation $1,500 112 Accounts Receivable 3,520 201 Accounts Payable 3,400 126 Supplies 2,000 209 Unearned Service Revenue 1,400