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M The following unadjusted trial balance is for Ace Construction Co. as of the end of its 2019 fiscal year. The June 30, 2018,

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M The following unadjusted trial balance is for Ace Construction Co. as of the end of its 2019 fiscal year. The June 30, 2018, credit balance of the owner's capital account was $53,300, and the owner invested $22,000 cash in the company during the 2019 fiscal year. ACE CONSTRUCTION CO. Unadjusted Trial Balance. No. 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment June 30, 2019 Account Title 168 Accumulated depreciation-Equipment 201 Accounts payable 203 Interest payable 208 Rent payable 210 Wages payable 213 Property taxes payable 251 Long-term notes payable 301 V. Ace, Capital 302 V. Ace, Withdrawals Debit $ 15,000 Credit 9,000 7,000 124,870 $ 21,500 5,000 23,000 75,300 25,500 ences 401 Construction fees earned 133,000 612 Depreciation expense-Equipment e 623 Wages expense 50,000 633 Interest expense 2,530 637 Insurance expense 640 Rent expense 14,000 652 Supplies expense e 683 Property taxes expense 4,5ee 684 Repairs expense 2,200 690 Utilities expense 3,200 Totals $257,800 $257,800 Adjustments

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