E3 - 12 B The trial balances before and after adjustment for Ramirez. Company at the end of its fiscal year are presented below . RAMIREZ COMPANY* Trial Balance* August 31 , 2017 Before After Adjustment Adjustment Dr . Dr . Cash $ 7, 700 OOL'L $ Accounts Receivable 12,000 13, 500 Supplies 2, 800 900 Prepaid Insurance* 4 , 200 2, 8:00 Equipment* 16,000 16, 000 Accumulated Depreciation - Equipment* $ 4, 000 $ 4, 800 Accounts Payable* 2, 200 2, 200 Salaries and Wages Parable* 1 , 200 Unearned Rent Revenue 1 , 800 200 Owner's Capital 14 , 700 14 , 700 Service Revenue* 38, 000 39, 500 Rent Revenue 12,000 13, 600 Salaries and Wages Expense 16,000 17, 200 Supplies Expense* 1 , 900 Rent Expense 14,000 14,000 Insurance Expense* 1 , 400 Depreciation Expense* $72, 700 $72, 700 $ 76, 200 $76, 200 Instructions Prepare the adjusting entries that were made. E3 - 13 8 The adjusted trial balance for Ramirez Company is given in F.3 - 12 8 . Instructions Prepare the income and owner's equity statements for the vear and the balance sheet at August 3 1