Adjusting Entries Debit Credit Closing Entries Debit Credit . Credit 9,100 260 $ $ $ $ $ $ 330 208,000 16,457 $ 9,500 4,000 $ Ragalie Accounting Services Trial Balance December 31, 2021 Debit Cash $ 16,250 Accounts receivable 27,900 Prepaid insurance 520 Supplies 1,940 Land 150,000 Building 691,200 Accumulated depreciation - building Equipment 36,000 Accumulated depreciation - equipment Copyright 30,000 Accounts payable Unearned revenue Salaries Payable Interest Payable Note payable K. Ragalie, capital K. Ragalie, drawings 45,000 Service revenue Depreciation Expense 18,590 Insurance Expense 5,500 Interest Expense 9,900 Salaries Expense 154,000 Supplies Expense 7,600 Utilities Expense 16,000 20,565 4,400 Adjusted TB Debit Credit 16,250 37,000 260 1,610 150,000 691,200 224,457 36,000 13,500 30,000 20,565 3,080 3,250 12,600 540,000 183,085 45,000 249,870 39,047 5,760 17,100 157,250 7,930 16,000 Post-closing TB Debit Credit 16,250 37,000 260 1,610 150,000 691,200 224,457 36,000 13,500 30,000 20,565 3,080 3,250 12,600 540,000 183,085 45,000 249,870 39,047 5,760 17,100 157,250 7,930 16,000 1,320 3,250 7,200 5,400 540,000 183,085 $ 239,450 10,420 20,457 260 7,200 3,250 330 $ $ $ $ $ $ $ 1,210,400 $ 1,210,400 $ 41,917 | $ 41,917 $ 1,250,407 $ 1,250,407 $ $ $ 1,250,407 $ 1,250,407 95 Adjusted Trial Balance, Income Statement, Statement of Owner's Equity, Classified Balance Sheet 96 Part B 97 98 99 $ 6,000 The owner, K. Ragalie, invested cash in the business on September 14, 2021 in the amount of The investment has been recorded and it is included in the capital account. 100 101 Prepare the company's adjusted Trial Balance, and classified Balance Sheet at December 31, 2021 and its Income Statement and 102 Statement of Owner's Equity for the year ended December 31, 2021. 103 Be sure to use proper titles, formatting, cell referencing and formulas. Marks are awarded for these items. 104 If your adjusted trial balance or balance sheet is not put in order, no marks will be awarded. 105 Income Statement 106 107 108 Adjusted Trial Balance 109 Place your first account on row 121 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 100 Classified Balance Sheet Put account names for assets in column G, put liabilities and equity in column M 141 142 Statement of Owners' Equity 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172