Debit Silver Lining Limited, provides investment advisory services. The company adjusts its accounts monthly, but performs closing entries annually on December 31. The firm's unadjusted trial balance dated December 31, 2013, is shown below. SILVER LIINING LIMITED UNADJUSTED TRIAL BALANCE DECEMBER 31, 2013 Credit Cash $42.835 Accounts receivable 2,000 Office supplies 205 Prepaid rent 1.200 Unexpired insurance 270 Office equipment 54,000 Accumulated depreciation office $35,250 equipment Accounts payable 1.400 Interest payable 360 Income taxes payable 1.750 Notes payable 9,000 Uneamed consulting services 3,500 revenue Share Capital 30,000 Retained earnings 8.000 Dividends 1.000 Consulting services revenue Office supplies expense 605 Depreciation expense: office 8.250 equipment Rent expense 3,525 Insurance expense 1,010 Salaries expense 27.100 Interest expense 360 Income taxes expense 6.900 60,000 Totals $149.260,149 Other Data 1. Accrued but unrecorded and uncollected consulting services revenue totals $1,500 at December 31, 2013 2. The company determined that $2,500 of previously uneared consulting services revenue had been earned at December 31, 2013 3.Office supplies on hand at December 31 total $110. 4. The company purchased all of its equipment when it first began business. At that time, the estimated useful life of the equipment was six years (72 months) 5. The company prepaid its six-month rent agreement on October 1, 2013 6. The company prepaid its 12-month insurance policy on March 1, 2013. 7. Accrued but unpaid salaries total $1,900 at December 31, 2013 8. On June 1, 2013, the company borrowed $9,000 by signing a nine-month, 8 percent note payable. The entire amount, plus interest is due on March 1. 2014. 9. The company's CPA estimates that income taxes expense for the entire year is $7,500. The unpaid portion of this amount is due early in 2014 46:00 320 BMX @ 23% A-1 Prepare the necessary adjusting journal entries on December 31, 2013. (Omit the "S" sign in your response.) A-2 Prepare an adjusted trial balance dated December 31, 2013. (The items in the Trial Balance should be grouped as follows: Assets in order of their liquidity). Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "$" sign in your response.) B-1 From the adjusted trial balance prepared in part 0-2, prepare an income statement and statement of changes in equity for the year ended December 31, 2013. Also prepare the company's statement of financial position dated December 31, 2013. (Input all amounts as positive values. Omit the "S" sign in your response. B-2 From the adjusted trial balance prepared in part a-2, prepare the statement of changes in equity for the year ended December 31, 2013. (Omit the "S" sign in your response.) B-3 From the adjusted trial balance prepared in part a-2, prepare the company's statement of financial position dated December 31, 2013. (Be sure to list the assets and liabilities in order of their liquidity. Omit the "S" sign in your response. C Prepare the necessary year-end closing entries. (Omit the "$" sign in your response. The I'm Aa 1:00 320 @ 23% C Prepare the necessary year-end closing entries. (Omit the "$" sign in your response. D Prepare an after-closing trial balance. (The items in the Trial Balance should be grouped as follows: Assets (in order of their liquidity), Liabilities (in order of their liquidity), Equity, Revenues, and Expenses. Omit the "S" sign in your response. E Compute the company's average monthly insurance expense for January and February of 2013. (Omit the "$" sign in your response. F Compute the company's average monthly rent expense for January through September of 2013. (Omit the "S" sign in your response.) Gif the company purchased all of its office equipment when it first incorporated, for how long has it been in business as of December 31, 2013 6 to 9 The I'm Aa