ACOSTA CO. Unadjusted Trial Balance December 31, 2019 Account Title Debit Credit Cash 50,000 Accounts Receivable 10,000 Supplies 8,000 Automobiles 160,000 Accumulated Depreciation - Autos 55,000 Accounts payable 15,000 Unearned fees 22,000 Salaries payable P. Kleen, Capital 55,000 B. Kleen. Withdrawals 45,000 Fees earned 275,400 Salary expense 125,000 Rent expense 24,400 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. You are required to prepare the following in worksheet format. 1. prepare following requirements in the worksheet: 1. Prepare adjustments 11. Adjusted Trail balance III. Income Statement Balance sheet (Financial Position) Statement 2. Calculate the current ratio from Balance sheet Adjustments Adjusted Trial Balance Debit Credit Debit Credit Income Balance Sheet Statement Debit Credit Debit Credit Account Unadjusted Trial Balance Debit Credit Cash Supplies Equipment Accumulated Depreciation Equipment Accounts payable.... Salaries payable E.Pace Capital E. Pace, Withdrawals Fees earned Salary expense Rent expense Supplies expense Depreciation expense Totals Net profit Totals