Account Title Cash Trial Balance Adjustments Adjusted Trial Balance 35,000 Accounts Receivable 21,500 35,000 21,500 Office Supplies 1,300 Prepaid Rent 900 Office Equipment 40,000 Accum. Depr., Ofc. Equip 2,000 Accounts Payable 12,000 J. McCarley, Capital 35,000 Service Revenue Salaries Expense Utilities Expense 79,000 28,000 b.) 500 1,300 a.) 600 700 c.) 700 200 40,000 d.) 1,500 2,000 12,000 35,000 79,000 79,000 28,500 28,500 1,300 1,300 Income Statement Balance Sheet 35,000 21,500 700 200 40,000 3,500 12,000 35,000 128,000 128,000 Office Supplies Expense Salaries Payable Rent Expense Depr. Exp., Office Equip. a.) 600 600 600 b.) 500 500 c.) 700 700 700 d.) 1,500 $3,300 1,500 $3,300 1,500 1,500 $130,000 $130,000 32,600 79,000 97,400 51,000 46,400 46,400 Net Income $79,000 $79,000 97,400 97,400 QUESTION 18 Using the completed worksheet, the total Liabilities as they would be stated on the Balance Sheet are A. 500 B. 600 C. 1,600 D. 1,100 QUESTION 19 Using the completed worksheet, the ending M. C. Hamilton capital balance of March 31 is A. 52,900 B. 50,000 C. 3,200 D. 2,300