I dont Know What I Did Was Wrong...Can Someone Pls explain..
TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2019 Debit Credit No. Account Title $ 5,000 101 Cash 22,500 104 Short-term investments 9,500 126 Supplies 8,200 128 Prepaid insurance 167 Equipment 45,000 168 Accumulated depreciation-Equipment $ 22,500 173 Building 171,000 174 Accumulated depreciation-Building 57,000 183 Land 67,910 201 Accounts payable 18,000 203 Interest payable 2,700 208 Rent payable 3,400 210 Wages payable 2,200 213 Property taxes payable 1,300 233 Unearned professional fees 7,900 244 Current portion of long term note payable 8,000 251 Long-term notes payable 62,000 307 Common stock 5,000 318 Retained earnings 123,500 319 Dividende 10,300 401 Professional fees earned 102,000 406 Rent earned 17,000 407 Dividends earned 2,500 409 Interest earned 2,700 606 Depreciation expense-Building 12,540 612 Depreciation expense--Equipment 6,750 623 Wages expense 25,500 633 Interest expense 3,200 637 Insurance expense 8,200 640 Rent expense 13,100 652 Supplies expense 6,600 682 Postage expense 2,800 683 Property taxes expense 684 Repairs expense 4,600 688 Telephone expense 7,700 690. Utilities expense 2,900 4,400 Totals $437,700 $437, too Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 1C Required 2 Prepare the classified balance sheet at December 31, 2019. TYBALT CONSTRUCTION Balance Sheet December 31, 2019 $ Current assets Cash Short-term investments Supplies Prepaid insurance 5,000 22,500 9,500 8,200 Total current assets $ 45,200 >ISIS 22,500 Equipment Accumulated depreciation Equipment Building Accumulated depreciation--Building Land 45,000 22,500 171,000 57,000 114,000 67.910 $ 204,410 249,610 Total assets Total assets Current liabilities Accounts payable Interest payable Rent payable Wages payable Property taxes payable Unearned professional fees Current portion of long-term notes payable 18,000 2,700 3,400 2,200 1,300 7,900 8,000 $ 43,500 Total current liabilities Long-term notes payable Total liabilities 62,000 105,500 Common stock Retained earnings 5,000 139,110 Total equity 144,110 $ 249,610 Credit No Dato Dec 31 General Journal Professional fees earned Rent earned Dividends earned Interest earned Income summary Debit 102,000 17,000 2,500 2,700 124 200 2 Dec 31 98,290 Income summary Depreciation expense Building Depreciation expense-Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Postage expense Property taxes expense Repairs expense Telephone expense Utilities expense 12,540 6,750 25,500 3,200 8,200 13,100 6,600 2,800 4,600 7.700 2,900 4.400 000 3 Dec 31 25.910 Income summary Retained earnings 25.910 4 Dec 31 Retained earnings Dividends 10,300 10,300 Prow