Jaguar Auto Company provides general car maintenance to customers. The company's fiscal year-end is December 31. The December 31, 2021, trial balance (before any adjusting entries) appears below. Credits Debits $113,800 18,500 28,400 25,400 109,000 $ 51,000 14,100 60, 700 Accounts Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Salaries Payable Deferred Revenue Interest Payable Notes Payable Common Stock Retained Earnings - Dividends Service Revenue Salaries Expense Depreciation Expense Insurance Expense Supplies Expense Utilities Expense Interest Expense Totals 36,400 67,200 12, 100 241,000 6,500 167,500 13,400 @ $482,500 $482,500 In addition, the company had the following year-end adjusting entries. 0 Depreciation Expense Insurance Expense Supplies Expense Utilities Expense Interest Expense Totals 13,400 0 $482,500 $482,500 In addition, the company had the following year-end adjusting entries. Credits Debits 10,700 10,700 4,700 4,700 1,700 a. Depreciation Expense Accumulated Depreciation b. Salaries Expense Salaries Payable C. Interest Expense Interest Payable d. Insurance Expense Prepaid Insurance e. Supplies Expense Supplies f. Deferred Revenue Service Revenue 1,700 20,700 20,700 22,700 22,700 15,700 15,700 Notes Payable 36,400 Beg. Bal. End. Bal. 36,400 Beg. Bal. Cl. entry Retained Earnings 12,100 6,500 15,300 X 20,900 End. Bal. Beg. Bal. Service Revenue 241,000 15,700 256,700 ADJ. f. Cl. entry End. Bal. 0 Depreciation Expense JAGUAR AUTO COMPANY Statement of Stockholders' Equity For the Year Ended December 31, 2021 Common Stock Retained Earnings Total Stockholders' Equity Balance at January 1 Issuance of Common Stock Add: Net Income Less: Dividends Balance at December 31 Assets Current Assets: JAGUAR AUTO COMPANY Balance Sheet December 31, 2021 Liabilities Current Liabilities: $ 113,800 Accounts Payable 18,500 Salaries Payable 5,700 Deferred Revenue 4,700 Interest Payable Cash Accounts Receivable Supplies Prepaid Insurance 14,100 4,700 45,000 1,700 142,700 65,500 Total Current Liabilities Long-term Liabilities: Total Current Assets Long-term Assets: Equipment Accumulated Depreciation 109,000 (61.700) 36,400 $ 101,900 Notes Payable Total Liabilities Stockholders' Equity Common Stock Retained Earnings 67,200 15,300 No Dato General Journal Debit Credit 1 December 31, 202 Service Revenue Retained Earnings 256,700 256,700 2 15,300 172,200 December 31, 202 Retained Earnings Salaries Expense Supplies Expense Insurance Expense Utilities Expense Depreciation Expense Interest Expense SO 22,700 20,700 13,400 10,700 1,700 3 6.500 December 31, 202 Retained Earnings Dividends 6,500