The accounting equation elements and their balances of Awesome Travel Services at December 31 are listed below.There were no additional investments or withdrawals by J.Trendsetter during the year. 
Prepare an income statement,statement of owner's equity,and a balance sheet as of December 31.
Definitions:
Igneous Fragments
Pieces of rock formed from the cooling and solidification of magma or lava, often found in volcanic or plutonic environments.
Conduction
The transfer of heat or electricity through a material or substance from one molecule to the next.
Thermal Radiation
The emission of electromagnetic waves from all objects with a temperature above absolute zero, conveying heat through a vacuum or transparent medium.
Radioactive Decay
The process by which an unstable atomic nucleus loses energy by emitting radiation, such as alpha particles, beta particles, or gamma rays.
Q42: Alan Company purchased $400,000 of ABC Co.5%
Q83: Martin Blair is the owner and operator
Q104: Which of the following is the authoritative
Q110: Purchasing equipment by issuing a six-month note
Q119: To determine cash payments for merchandise for
Q125: Set up T accounts for Cash; Accounts
Q132: The analysis of increases and decreases in
Q138: On a common-sized balance sheet,100% is<br>A)total property,
Q174: A client has a massage and asks
Q186: The classification and normal balance of the