itz urgent

Cash $27,000

Accounts Receivable 35,220

Supplies 24,850

Prepaid Insurance 27,000

Equipment 229,000

Accumulated DepreciationEquipment $44,000

Accounts Payable 39,000

Note Payable 90,000

Salaries Payable 22,000

J. Yan, Capital 128,000

J. Yan, Drawings 31,000

Rental Revenue 266,070

Advertising Expense 45,000

Depreciation Expense 31,000

Insurance Expense 23,000

Rent Expense 34,000

Salaries Expense 57,000

Supplies Expense 25,000

$589,070 $589,070

Question 11 of 15 The adjusted trial balance for DVD Concepts at December 31, 2021 is as follows: DVD CONCEPTS Adjusted Trial Balance December 31, 2021 Debit Cash $27.000 Accounts Receivable 35,220 Credit Supplies 24,850 4 Prepaid Insurance 27.000 Equipment 229.000 Accumulated Depreciation Equipment $44,000 Accounts Payable 39.000 Note Payable 90.000 Salaries Payable 22.000 J. Yan Capital 128,000 J. Yan, Drawings 31.000 Rental Revenue 266,070 Advertising Expense 45,000 Depreciation Expense 31,000 Insurance Expense 23,000 Rent Expense 34.000 Salaries Expense 57.000 Question 11 of 15 Insurance Expense 23,000 Rent Expense 34,000 Salaries Expense 57,000 Supplies Expense 25,000 $589,070 $589,070 Prepare a statement of owner's equity for the year ended December 31, 2021. (List items th DVD CONCEPTS Statement of Owner's Equity $ > $ Prepare a classified balance sheet for DVD Concepts at December 31, 2021 assuming the note payable is payable on November 30, 2023. (List Current Assets in order of liquidity) DVD CONCEPTS Balance Sheet Assets $ V v $ Liabilities and Owner's Equity Question 11 of 15 $ Calculate working capital and the current and acid-test ratios for DVD Concepts. (Round ratio answers to 2 decimal places, eg. 1.50.) Working capital