1-Worksheet: You work in the accounting department of ABC Rentals. The March 31, 2020, unadjusted trial balance for ABC Rentals after its first year of operations is shown on the supplied worksheet: Additional information: a. It was determined that the balance in the Rent Receivable account at March 31 should be increased to $36,400. b. A count of the office supplies showed $1,910 of the balance had been used. c. Annual depreciation on the building is $25,200 and $3,700 on the furniture. d. The two part-time office staff members each get paid $170 per day, for every day they work in the pay period. They are paid on the 1st and 15th of each month. At March 31, each worker had worked 6 days and will be paid on April 1. e. A review of the balance in Advertising Expense showed that $2,500 was for advertisements to appear in the April issue of Canadian Business magazine. Hint: this amount should be reported as prepaid but is currently included in advertising expense. f. Accrued utilities at March 31 totaled $2,720. Hint: credit accounts payable g. March interest of $435 on the long-term note payable is unrecorded and unpaid as of March 31. Required: Use the above information to complete the work sheet supplied with this assignment. Trial Balance Worksheet Adjustments Account Titles Dr. Cr. Dr. 101 Cash 7,200 110 Rent receivable 31,200 124 Office supplies 2,350 131 Prepaid advertising 141 Notes receivable, due 2023 47,000 161 Furniture 16,200 162 Accumulated depreciation, furniture 173 Building 218,000 174 Accumulated deprecaition, building 183 Land 42,000 191 Patent 9,800 201 Accounts payable 13,950 203 Interest payable 209 Salaries payable 252 Long-term note payable 177,000 301 S, Smith, Capital 93,750 302 S. Smith, Withdrawals 93,000 406 Rent revenue 330,800 601 Depreciation exp, furniture 606 Depreciation exp, building 620 Office salaries expense 53,000 633 Interest expense 5,450 650 Office supplies expense 655 Advertising expense 673 Janitorial expense 690 Utilities expense Totals 14,800 41,200 34,300 615,500 615,500 Cr. Adjusted T/B Dr. Cr. Income Statement Balance Sheet Dr. Cr. Dr. Cr