Check Figures: Adjusted Trial Balance totals should be $161,450; Net Income should be $35,630.

Do not add any accounts, use only the accounts that appear in the first photo.

Acorual Basis of Accounting Chapter 3 various tyes LoB P3-20B. Worksheet The July 31 unadjusted trial balance of Sharp Outfitters, a firm renting equipment to canoeists and campers, follows. dix 38) SHARP OUTFITTERS Unadjusted Trial Balance July 31 Debit Cred S 3,750 3,200 97,000 $ 16,500 3,500 8850 33,000 Accounts payable. Uneamed rental fees.. . Retained earnings Rental fees earned Wages expense Advertising expense.... 1,200 78,150 2,300 Travel expense $149,000 $149,000 Sharp Outfitters'fiscal year ends on July 31. The following additional information is available: I. Supplies on hand at July 31 amount to $4,300. 2. Insurance expense for the year is $1,600. 3. Depreciation for the year is $9,250. 4. The uncarned rental fees consist of deposits received from customers in advance when reservations are made. During the year, $4,850 of the unearned rental fees were eaned. The remaining deposi apply to rentals for August and September. 5. At July 31, revenue from rental services earned during July but not yet billed or received amiui to $2,500. (Note: Debit Fees Receivable.) 6. Accrued wages payable for equipment handlers and guides amounts to $700 at July 31. Required Enter the trial balance in a worksheet and complete the worksheet using the adjustment data given above