Event Buddies had the following account balances on December 31. Cash 181,100 Service revenue 401,600 Salaries expense 190,000 Equipment 500,000 Accounts payable 135,000 Accounts receivable 300,000 Blessie, capital June 1 931,900 Taxes and licenses expense 45,000 Utilities expense 82,400 Prepaid rent Additional information:

170,000

Accrued salaries at December 31 amounted to 30,700 5% of the accounts receivable is estimated to be uncollectible. Depreciation on equipment for the year is 100,000. 60,000 of the Prepaid rent has expired into expense by December 31. Required: Prepare a 10-column work sheet for Event Buddies on December 31.