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Cash Accounts Receivable Office Supplies Unadjusted Trial Balance Or 15850.00 0.00 3700.00 Jor 0.00 Year ended December 31, 2021 Austments 10 Adjusted Trial Balence Income
Cash Accounts Receivable Office Supplies Unadjusted Trial Balance Or 15850.00 0.00 3700.00 Jor 0.00 Year ended December 31, 2021 Austments 10 Adjusted Trial Balence Income Statement jo D 10 15850.00 0.00 0.00 D 15450.00 Balance Sheet 10 0.00 0.00 0.00 1400.00 0.00 88 3700.00 0.00 3700.00 0.00 2400.00 4800.00 4800.00 4800.00 Prepaid Catering Services 3500.00 3500.00 0.00 2500.00 Office Furniture $500.00 0.00 $500.00 5000.00 Loans Payable 0.00 [10000.00 5000.00 0.00 5500.00 5000 00 0.00 0.00 0.00 0.00 10000.00 10000.00 Accounts Payable 0.00 0.00 0.00 0.00 Unearned Revenue CBCapital 0.00 35500.00 0.00 15500.00 0.00 20000.00 GB Withdrawals Catering Serve Expense 2400.00 0.00 000 0.00 2400.00 20000.00 000 0.00 15500.00 20000.00 2400.00 0.00 10500.00 7800.00 0.00 0.00 7800.00 10500.00 000 0.00 7800.00 10500.00 Rent Expense 0.00 0.00 0.00 0.00 0.00 3500.00 000] 3500.00 000 Supplies Expense 0.00 0.00 000 Telephone Exp 130000 0.00 0.00 130000 0.00 0.00 0.00 0.00 ww 150.00 250.00 250.00 0.00 0.00 0.00 0.00 0.00 0.00 000 0.00 0.00 0.00 0.00 0.00 Depreciation Expense 0.00 0.00 0.00 Accum Depn Totals Profit 0.00 0.00 0.00 0.00 0.00 0.00 54000.00] 56000.00 000 0.00 [54000.00 156000.00 12850.00) 10500.00 43150.00 45500.00 350 00 110500.00 350.00 10500 00 143150 00 3150.00 SECTION II Following is a series of adjustments for the entity you have worked on previously Happy Ever After Weddings and Event Catering Service: A] A 1-year insurance policy was purchased March 31, 2021 B] Supplies used, but not recorded, $3,500 C] The equipment, has an estimated 10-year life, with zero salvage value DJ 1-year's Interest, at 10%, has accrued, and has not been adjusted EJ Unearned Catering Revenue has now been earned - $2,800 F] Salaries for the last week of the year have not been paid - $1,200 of salaries have accrued, and will be paid in the new year. G] Many December events were catered, most have been paid for, but a small amount is still outstanding at year-end, and payment will be received in the new year - $1,200 H] The outstanding telephone bills amount to $1,500 Please prepare the journal entries necessary to record all of the above year-end adjustments: ADJUSTING JOURNAL ENTRIES: [Explanations are not necessary] - After adjusting entries please prepare Closing entry's and then Please prepare a proper order Income statement, statement of owner equity and balance sheet 1hr 41m ago PLEASE PREPARE IN PROPER ORDER: A INCOME STATEMENT B STATEMENT OF OWNER'S EQUITY C BALANCE SHEET
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