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For the following unrelated T-accounts indicate the final balance in the account and if it has a normal balance or not. (Note that the lines

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For the following unrelated T-accounts indicate the final balance in the account and if it has a normal balance or not. (Note that the lines are not drawn but the column heading indicates the side.) Accounts Payable Cash DR CR DR CR 750 450 250 5500 900 25400 650 375 10000 Service Revenue DR CR 50 900 1250 85 Supplies Expense DR CR 275 25 85 50 The following is an adjusted trial balance for Smith Ltd. (not in good form and repeated from previous question) as at December 31, 2020. From this prepare in good form the Statement of Financial Position. (5 signs and underlines required and do spacing as best you can) Hint: Don't forget that even though the Retained Earnings statement was not done, the calculation is required) 785 12,750 4,200 850 2,800 450 25,000 4,100 Office expense Salaries expense Accumulated depreciation- equipment Accounts payable Depreciation expense Interest revenue Service revenue Cash Bank loan payable Salaries payable Retained earnings Accounts receivable Equipment Unearned revenue Common shares Rent expense Income tax expense 12,900 1,250 6,785 5,650 25,500 650 W 7,500 3,500 4,500 59,585 59,585

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