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* More Info a. b. c. d. Supplies on hand at year-end, $1,900. Depreciation on furniture and fixtures, $18,000. Depreciation on building, $17,000. Salaries owed

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* More Info a. b. c. d. Supplies on hand at year-end, $1,900. Depreciation on furniture and fixtures, $18,000. Depreciation on building, $17,000. Salaries owed but not yet paid, $6,000. Accrued service revenue, $10,000. Of the $51,000 balance of unearned service revenue, $20,000 was earned during the year. Accrued income tax expense, $31,000. e. f. g Print Done X Unadjusted Trial Balance Groundhog Ranch Company Trial Balance December 31, 2018 Cash $ 196,000 Accounts receivable 300,000 Supplies 12,000 Building 500,000 Accumulated depreciationbuilding $ 280,000 Furniture and fixtures 75,000 Accumulated depreciationfurniture and fixtures 25,000 Accounts payable 300,000 Salary payable Unearned service revenue 51,000 Income tax payable Common stock 110,000 Retained earnings 271,000 Dividends 45,000 Service revenue 284,000 Salary expense 174,000 Supplies expense Depreciation expense-building Donrocintion avance furniture and fixtures Print Done Supplies expense Depreciation expense-building Depreciation expense-furniture and fixtures Income tax expense Miscellaneous expense 19,000 Total $ 1,321,000 $ 1,321,000 1. Journalize Groundhog Ranch Company's adjusting entries at December 31, 2018. Key the entries by letter. 2. The ledger accounts with their unadjusted balances have been opened for you. Post the adjusting entries to the accounts. 3. Prepare a worksheet for the adjusted trial balance. 4. Prepare the income statement, the statement of retained earnings, and the balance sheet. Print Done

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