Credit Debit $ 18,500 9,900 7,200 132,000 $ 26, 250 6,880 Number 101 126 128 167 168 201 203 208 210 213 251 307 318 319 403 612 623 633 637 640 652 683 684 690 ACE CONSTRUCTION COMPANY Unadjusted Trial Balance June 30 Account Title Cash Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Interest payable Rent payable Wages payable Property taxes payable Long-term notes payable Common stock Retained earnings Dividends Construction revenue Depreciation expense-Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Property taxes expense Repairs expense Utilities expense Totals 0 25,000 10,000 78,660 33,000 132, 100 46,860 2,750 3 12,000 7,800 2,910 5,890 $ 278,810 $ 278,810 Adjustments: a. Supplies available at the end of the current fiscal year total $3,300. b. Cost of expired insurance for the current fiscal year is $3,800. c. Annual depreciation on equipment is $8,400. d. June utilities expense of $650 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $650 amount owed must be recorded. e. Employees have earned $1,800 of accrued and unpaid wages at fiscal year-end. f. Rent expense incurred and not yet paid or recorded at fiscal year-end is $500. g. Additional property taxes of $1,000 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end. h. $250 accrued interest for June has not yet been paid or recorded. Required: 1. Prepare a 10-column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional information. 2a. Prepare the adjusting entries (all dated June 30). 2b. Prepare the closing entries (all dated June 30). 3a. Prepare the income statement for the year ended June 30. 3b. Prepare the statement of retained earnings for the year ended June 30. 3c. Prepare the classified balance sheet at June 30