Avances CHECK FIGURES: Profit Using the adjusted trial balance in Pro al balance in Problem beet between current erm note was not sete currently langes in equity for the year ended December 31, 2017, of changes in equity to December 31, 2017 Analysis Component: Why mu ysis Component: Why must liabilities be separated on the balance sheet current? What effect would it have had on Lloyd's balance sheet if the long-term n limbing, and zip ah and anyone o x Problem 4-8A Adjusting entries and closing entries activities including ropes courses, rock climbir Adventure Elements provides outdoor activities m building activities, camps for youth an The company offers a unique experience for team buang ac ing outdoor adventure. Debit Credit Account $ 2,300 $ 5.100 5,900 34,700 No. 201 Accounts payable and accrued liabilities....... 103 Accounts receivable ........... 168 Accumulated depreciation, equipment ..... 300 Becky Brenner, capital............ Becky Brenner, withdrawals ......... 101 Cash.................... 194 Copyright ................. ......... 167 Equipment..................... 633 Insurance expense........ 623 Interest expense............. 141 Notes receivable, due January 1, 2020... 233 Long-term notes payable ............... 610 Rent expense ................... 402 Revenues.................... 126 Supplies................ .... 637 Supplies expense............... 652 Telephone expense ......... 203 Uneamed revenues.......... 688 Utilities expense......... 612 Wages expense ....... 31,200 4,600 6,500 22,000 1,875 120 10,000 19,000 7,500 61,015 270 1,800 2.000 10,600 2,150 33,400 $133,515 Totals........ .. $133,515 You are the accounting manager. Your staff submitted the following trial balance for the y March 31, 2017. In your review, you discover the following additional information that has included in the trial balance. for the year end ation that has not be CHAPTER 4 Completing the Accounting Required 1. Prepare the missing adjusting entries for transactions a-d. 2. Prepare an adjusted trial balance. 3. Based on your adjusted trial balance, prepare the closing entries