I balance of Burrows Landscaping at December 31, 2017, and Froblem 3-7A the unadjusted tria Preparing an adjusted trial belance and the financial the related month-end adj statements BURROWS LANDSCAPING Unadjusted Trial Balance December 31, 2017 2. Net income, 565 s 24,500 22,000 9,000 5,500 66,000 Accounts receivable Prepaid rent Supplies Equipment Accumulated amortization-equipment Accounts payable Salaries payable A. Burrows, capital A. Burrows, withdrawals Landscaping design revenue Salaries expense Rent expense Utilities expense $ 12,650 7,200 122,700 25,000 126,000 82,000 22,500 6,000 6,050 Supplies expense Total $268,550 5268,550 The following adjustments need to be made before the financial statements for the year can be prepared: a. Accrued landscaping design revenue at December 31, 58,500. b. One month of the prepaid rent had been used. The unadjusted prepaid balance of $9,000 relates to the four-month period December 1, 2017, through March 31, 2018. c. Supplies remaining on hand at December 31, $900. d. Amortization on equipment for the month of December. The equipment's expected use- ful life is 1 method of amortization is used 0 years; it will have no value at the end of its useful life, and the straight-line e. Accrued salaries expense at December 31 should be for two days only. The five-day weekly payroll is $10,000. Required 1. Sketch T-accounts in your notes to calculate the new balances. Prep 2. Prepare the income balance of Burrows Landscaping at December 31, 2017 are the adjusted trial statement (record expenses from largest to smallest on the income of owner's equity for the year ended December 31, 2017 statement) and the statement and the balance sheet at December 31, 2017. Draw the arrows linking the three finan- cial statements, or write a short description of how they are linked 2 Part 1 The Basic Structure of Accounting