Data Table Fugazy Investment Advisers Unadjusted Trial Balance December 31, 2024 Balance Account Title Debit Credit Cash CA 28.000 42.000 2.000 Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment Accounts Payable 27.000 $ 17 000 20.000 Print Done a hp 2, Chapters 3 & 4 Time Limit: 28 of 28 (24 complete) This X i Data Table 20.000 Accounts Payable Salaries Payable 0 6.000 Unearned Revenue 19.000 17,000 Notes Payable (long-term) Fugazy, Capital Fugazy, Withdrawals Service Revenue 26,000 95,000 2.000 33 000 Insurance Expense Salaries Expense Supplies Expense Interest Expense 8.000 Done a Interest Expense Rent Expense Depreciation Expense Equipment 000 Total a 28 of 28 (24 complete) This f Fugazy Investment Advisers at Adjustment data at December 31, 2024: (Click the icon to view the adjustment unadjusted trial balance.) i More Info - X orksh -e bed ith the blete the nt letter Istly, com d credits ! OTO emer e abb C. Unearned Revenue earned during the year. $100. Office Supplies on hand. $1.000. Depreciation for the year. 5500Ls Accrued Salaries Expense. $4000 Accrued Service Revenue. $8.000 d. e. isted alance Adjustments Trial Balance Statement ten any number in the input lelds and then continue to the next question The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2024, follows: (Click the icon to view the unadjusted trial balance.) Adjustment data at December 31, 2024 Click the icon to view the adjustments. Read the requirements Debit Credit Acct. Title Debit Credit Debit Credit Debit Credit Debit Credit Cash 28,000 42,000 2,000 27.000 AR Office Supp Equipment AD-Equip Salaries Pay Unearn Rey 17,000 20.000 6.000 19,000 NP (V) 17.000 Fugazy, Cap Fugazy. WD Service Rev 26.000 95.000 Choose from any list or enter any number in the input fields and then continue to the next question O a Type here to search The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2024, follows: (Click the icon to view the unadjusted trial balance.) Adjustment data at December 31, 2024 Click the icon to view the adjustments Read the requirements Service Rev 95,000 2.000 33 000 Ins. Exp Salaries Exp Supplies Exp Interest Exp Rent Exp 8,000 6.000 Depr Exp 174,000 174.000 Total Net Income or loss Requirement 2. Prepare the income statement, the statement of owner's equity, and the classified balance sheet in account format, Assume there were no con Choose from any list or enter any number in the input fields and then continue to the next question O a * Type here to search The Under ugazy Advisers at December 31, 2024, follows: (Click the icon to view the unadjusted trial balance) Adjustment data at iClick the icon Read the requirem Begin by preparing the income statement Review the Income Statement columns of the worksheet completed in Requirement 1. Fugazy Investment Advisers Income Statement Year Ended December 31, 2024 Choose from any islor enter any number in the input fields and then continue to the next question o Type here to search a Notice Prepare the statement of owners. Assume that there were to contributions made by the owner outingar Entry was in the stond any decases is capital below the any zerobatan wants for the port from soment of Hi the Balance Sheet columns the worksheet compin Requirement Chbose om nyt or enter ander in the input neds and in continuo question The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2024, follows: Adjustment data at (Click the icon to view the unadjusted trial balance.) iClick the icon to Read the requiremer Prepare the statement of owner's equity Assume that there were no contributions made by the owner during the year. Enter any increases any zero balance events for the period from the statement of owner's equity.) Review the Balance Sheet columns of the worksheet completed in Requirement 1. Fugazy Investment Advisers Statement of Owner's Equity Year Ended December 31, 2024 Fugazy, Capital January 1, 2024 Fugazy, Capital. December 31 2024 Prepare the classified balance sheet in account format on December 31, 2024 af a box is not used in the balance sheet, leave the boxen Choose from any list or enter any number in the input fields and then continue to the next question, Type here to search O This Question. 15 pls 28 of 28 (24 complete) The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2024, follows (Click the icon to view the unadjusted trial balance.) Adjustment data at December 31, 202 iClick the icon to view the adjustme Read the requirements Review the Balance Sheet columns of the worksheet completed in Requirement 1. Review the Statement of Owner's Equity completed above Fugazy Investment Advisers Balance Sheet December 31, 2024 Assets Liabilities Choose from any list or enter any number in the input fields and then continue to the next question Type here to search O i a * $ The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2024, follows: (Click the icon to view the unadjusted trial balance.) Adjustment data at December 31, 2024 Click the icon to view the adjustme Read the requirements Less Owner's Equity Requirement 3. Prepare closing entries (Record debits first, then credits Select the explanation on the last line of the journal entry table) Start by closing revenues Review the Income Statement columns of the worksheet completed in Requirement Choose from any list or enter any number in the input fields and then continue to the next question Type here to search O a i The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2024, follows: (Click the icon to view the unadjusted trial balance.) Adjustment data Click the ico Read the require Requirement 3. Prepare closing entries (Record debits first, then credits. Select the explanation on the last line of the journal entry ta Start by closing revenues. Review the Income Statement columns of the worksheet completed in Requirement 1. Date Accounts and Explanation Debit Credit Dec 31 Clos (1) Close expenses for the period. Review the Income Statement columns of the worksheet completed in Requirement 1 CHI Choose from any list or enter any number in the input fields and then continue to the next question a Type here to search o (Click Read the Close expenses for the period. Review the Income Statement columns of the worksheet completed in Requirement 1 Date Accounts and Explanation Debit Credit Dec 31 Clos (2) Close Income Summary Choose from any list or enter any number in the input fields and then continue to the next question a Type here to search O . The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2024, follows: !!! (Click the icon to view the unadjusted trial balance.) Adjustment i Click th Read the res Close Income Summary Review the Income Statement columns of the worksheet completed in Requirement 1 Date Accounts and Explanation Debit Credit Dec 31 Clos (3) Close withdrawals Review the Balance Sheet columns of the worksheet completed in Requirement 1 Dale Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question a 1 Type here to search O Clos (3) Close withdrawals Review the Balance Sheet columns of the worksheet completed in Requirement 1. Date Accounts and Explanation Debit Credit Dec. 31 Clos (4) Choose from any list or enter any number in the input fields and then continue to the next question a o Type here to search O EI