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Data Table The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2014, follows: (Click the icon to view the unadjusted trial balance.) Adjustment

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Data Table The unadjusted trial balance of Fugazy Investment Advisers at December 31, 2014, follows: (Click the icon to view the unadjusted trial balance.) Adjustment data at December 31, 2014 (Click the icon to view the adjustments.) Requirements 1. Prepare a worksheet for Fugazy Investment Advisers at December 31, 2014. 2. Prepare the income statement, the statement of owner's equity, and the classified balance sheet in account format. Assume that there were no contributions made by the owner during the year. 3. Prepare closing journal entries. Account Title Debit Credit Debit Credit Fugazy Investment Advisers Unadjusted Trial Balance December 31, 2014 Balance Debit Credit Account Title Cash 32,000 Cash $ 32.000 Accounts Rec. 46,000 46.000 Office Supp 3.000 - X 3,000 More Info 25,000 25,000 11.000 $ 11,000 15.000 a. 15,000 b. Equipment Accum. Depr. Accounts Pay Salaries Pay Unearn. Rev. Note Pay. (It) Fugazy, Cap Fugazy, W/D Service Rev. Unearned Revenue earned during the year, $500 Office Supplies on hand, $1,000. Depreciation for the year, $6,000. Accrued Salaries Expense, $1,000 Accrued Service Revenue, $4,000. 2,000 19,000 2,000 c. d. 19,000 e. Accounts Receivable Office Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Fugazy, Capital Fugazy, Withdrawals Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Rent Expense Depreciation Expense 38,000 38,000 | n 97,000||| 30.000 30,000 Print Done 97,000 2,000 2.000 32,000 32,000 Ins. Exp. Salaries Exp Supplies Exp. Interest Exp. Rent Exp. OOOOOOO 3,000 3,000 9,000 9,000 Depr. Exp. $ 182,000 $ 182,000 Total 182,000 182,000 Total Choose from any list or enter any number in the input fields and then click Check Answer. Print Done parts remaining Clear All Check

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