Need help on the required 2A problem. The following unadjusted trial balance is for Ace Construction Company at its June 30 current fiscal year-end. The

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Need help on the required 2A problem.

The following unadjusted trial balance is for Ace Construction Company at its June 30 current fiscal year-end. The credit balance of the V. Ace. Capital account was $58.700 on June 30 of the prior year, and the owner invested $21.000 cash during the current fiscal year. Credit Number 101 126 128 167 168 201 203 288 Debit $ 18,00 8.See 5,560 131,970 $ 21,000 6,400 @ @ @ 210 ACE CONSTRUCTION COMPANY Unadjusted Trial Balance June 30 Account Title Cash Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Interest payable Rent payable Wages payable Property taxes payable Long-term notes payable V. Ace, Capital V. Ace, withdrawals Construction revenue Depreciation expense-Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Property taxes expense Repairs expense utilities expense Totals 23,00 79,700 213 251 381 382 483 612 623 633 637 640 32,500 132,000 41,880 2,530 11.ee 652 683 684 690 5,880 2,180 4.680 $ 262,180 $ 262,100 Adjustments: a. Supplies available at the end of the current fiscal year total $3.060. b. Cost of expired Insurance for the current fiscal year is $3.465. c. Annual depreciation on equipment is $8,300. d. June utilities expense of $530 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $530 amount owed must be recorded. e. Employees have earned $1.400 of accrued and unpaid wages at fiscal year-end. f. Rent expense Incurred and not yet paid or recorded at fiscal year-end is $500. 9. Additional property taxes of $800 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end. h. $230 of accrued Interest for June has not yet been paid or recorded. Required: 1. Prepare a 10-column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional Information 2a. Prepare the adjusting entries (all dated June 30). 2b. Prepare the closing entries (all dated June 30). 3a. Prepare the income statement for the year ended June 30. 3b. Prepare the statement of owner's equity for the year ended June 30. 3c. Prepare the classified balance sheet at June 30. Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 28 Required 3A Required 3B Required 30 Prepare the adjusting entries (all dated June 30). View transaction et View journal entry worksheet No Transaction General Journal Debit Credit 1 a. Supplies expense Supplies I 2 b. No Transaction Recorded . 3 3 c. No Transaction Recorded 4 d. No Transaction Recorded 5 e. No Transaction Recorded