Financial Statements and Closing Entries Last Chance Company offers legal consulting advice to prison inmates. Last Chance Company prepared the end-of-period spreadsheet that follows at June 30, 2011, the end of the fiscal year: Last Chance Company End-of-Period Spreadsheet For the Year Ended June 30, 201 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 5,100 5,100 Accounts Receivable 22,750 (B) 3,750 26,500 Prepaid Insurance 3,600 (b) 1,300 2,300 Supplies 2,025 (c) 1,500 525 Land 80,000 80,000 Building 340,000 340,000 Accum. Depr.-Building 190,000 (d) 3,000 193,000 Equipment 140,000 140,000 Accum. Depr.-Equipment 54,450 (e) 4,550 59,000 Accounts Payable 9,750 9,750