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May I please have assistance with these requirements, I'am having a difficult time trying to get familiar with this information. Below is the unadjusted trial

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May I please have assistance with these requirements, I'am having a difficult time trying to get familiar with this information.

image text in transcribed
Below is the unadjusted trial balance for Walton Anvils as of December 31, 2016, and the data for the adjustments. There is also an Excel Template for this problem that you may download and use (or you may use your own). Walton Anvils Unadjusted Trial Balance December 31 , 201 6 Balance Account Title Credit _1s,900:$0I 2,50I 1,90I 23,00I ' ccumulated Depreciation - * ccounts Payable salaries Payable nearned Revenue !' etained Earnings ll ' 4,50I I'0,800.0| 2,90I II epreciation Expense - ' quipment ( s: 'o E a: (n m x 'o a) :3 (.0 a) otal .9,200.0I a9,200.0I A_djustment Data 3. Unearned revenue still unearned at December 31, 2016 Requirements 1. Open T-accounts using the balances in the unadjusted trial balance. . Complete the worksheet for the year ended December 31, 2016. Prepare the adjusting entries and post to the T-accounts. Prepare the adjusted trial balance. . Prepare the income statement, the statement of retained earnings, and the classified balance sheet in report form. Prepare the closing entries and post to the Taccounts. Prepare a post-closing trial balance. Calculate the current ratio for the company

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