ACOSTA CO. Unadjusted Trial Balance December 31, 2019 Account Title Credit Cash Debit 50,000 Accounts Receivable 10,000 8,000 160,000 55,000 15,000 22,000 Supplies Automobiles Accumulated Depreciation - Autos Accounts payable I Unearned fees Salaries payable P. Kleen, Capital B. Kleen. Withdrawals Fees eamed Salary expense 55,000 45,000 275,400 125,000 24,400 Rent expense Advertising expense Supplies expense Depreciation expense Totals 422,400 422,400 As above is the unadjusted trial balance for ACOSTA CO. Assumes the following adjustments data have been done since December, 2019 (a) Salaries earned by employees that are unpaid and unrecorded, $4,000. (b) An inventory of supplies showed $3,000 of unused supplies still on hand. (C) Depreciation on automobiles, $30,000. (d) Services paid in advance by customers of $12,000 have now been provided to customers. (e) Advertising for November and December in the amount of $8,000 remains unpaid and unrecorded. I You are required to prepare the following in worksheet format. 1. prepare following requirements in the worksheet: I. Prepare adjustments Adjusted Trail balance III. Income Statement IV. Balance sheet (Financial Position) Statement 2. Calculate the current ratio from Balance sheet