The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals

Cash
(a) 179,000 (b) 35,000
(d) 19,000 (e) 590
(g) 1,900 (h) 9,900
(i) 3,900
Equipment
(c) 69,000



Accounts Receivable
(f) 10,200 (g) 1,900



Accounts Payable
(c) 69,000



Supplies
(b) 35,000



Scott Hamilton, Capital
(a) 179,000



Fees Income
(d) 19,000
(f) 10,200


Telephone Expense
(e) 590



Scott Hamilton, Drawing
(i) 3,900



Salaries Expense
(h) 9,900


Required:
Prepare a trial balance and an income statement for Residential Relocators. The trial balance is for December 31, 20X1, and the income statement is for the month ended December 31, 20X1.