809 aivo BS The unadjusted trial balance for Smith & Hess Industries appears below as of December 31, 2016 Shiny Smith & Hess Industries Art Dept 2000 Faydee Unadjusted Trial Balance December 31, 2016 sop Cap rood Debit (S) Credit (5 Cash + Aro 35,300 Accounts receivable 16,000 Prepaid insurance 420 5.000 Supplies 1,500 Equipment 20.000 Accumulated depreciation equipment 3.200 Accounts payable 11,000 woneamed service revenue 9,800 + So Common stock /Equity Sliares 27.000 Retained earnings 17.000 Dividends 1.000 Service revenue 24,600 Salary expense + sro 8,200 Travel expense 800 Rent expense 3,600 Advertising expense 1.200 Shop Eym 92.600 92.600 Additional data are as follows: Supplies used during the current year amount to $700. Aserued salaries on December 31, 2016, amount to $500. cared service revenue, earned during the year amounts to $3,500. Depreciation for the current year amounts to $2,000. Affage Prepaid insurance on hand on December 31, 2016, amounts to $800. Based on the unadjusted trial balance and the additional data, prepare a statement of Profit. & Loss and Balance sheet for Smith & Hess Industries dated December 31, 2016. [15] Pro Cash