Assignment Case Chapter 4 Classified Financial Statements The unadjusted trial balance of Carrefour retail store contained the following accounts at December 31, 2015 the end of the company's fiscal year: Cash Accounts Receivable Merchandise Inventory Office Supplies Selling Equipment Accumulated Depreciation-Selling Equipment Office Equipment Accumulated Depreciation Office Equipment Notes Payable Rent revenue Share Capital Retained Earnings Sales revenue Unearned Sales Revenue Sales Returns Cost of Goods Sold Salaries Expense Advertising Expense Utilities Expense Repair Expense Delivery Expense Prepaid insurance Rent Expense 25,000 30,000 200,000 7,000 300,000 10,000 150,000 20,000 70,000 100,000 208,000 42,000 1,250,000 20,000 5,000 750,000 120,000 28,000 12,000 17,000 20,000 20,000 36,000 Adjustment data: 1. Office supplies on hand totaled $1000. 2. Depreciation is 15,000 on the Selling Equipment 3. Depreciation is 10,000 on the Office Equipment. 4. Interest of $15,000 is accrued on notes payable at December 31. 5. $30,000 of notes payable is due for payment next year. 6. Insurance unexpired during the year $ 5000. 7. $ 7000 of the unearned sales revenue has been earned by end of year. 8. Estimated income taxes are $ 8000. Required: (a) Prepare the adjusting entries at 31/12/2015. (b) Prepare an adjusted trial balance at 31/12/2015. (e) Prepare a Classified Income Statement, Statement of Changes in Equity, and a Classified Balance sheet as of December 31, 2015