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Old G ube SE OG 8,600 700 900 Valley Apartments Inc.'s unadjusted and adjusted trial balances at April 30, 2017 are shown below Valley Apartments

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Old G ube SE OG 8,600 700 900 Valley Apartments Inc.'s unadjusted and adjusted trial balances at April 30, 2017 are shown below Valley Apartments Inc. Trial Balance April 30, 2017 Unadjusted Trial Balance Account Title Adjusted Trial Balance Debit Cash Debit Credit Debit Credit Accounts receivable 8,600 6,900 Interest receivable 7,000 Note receivable 4,400 Supplies 900 Pre paid insurance 2,300 Building 66,100 66,100 Accumulated depreciation 16,200 18,300 Accounts payable 6,300 6,300 Wages payable Unearned rental revenue 1,500 Share capital 18,300 18,300 Retained earnings 42,400 Dividends 3.380 Rental revenue 700 Interest revenue 1200 , Wages expense 1,000 1,400 Insurance expense 2.100 Depreciation expense 280 280 Property tax expense 800 Supplies expense 240 Utilities expense 94,100 $ $ 94,100 $ 97,200 $ 97,200 200 500 42.400 3.380 9.400 10,500 240 Required: 1. Make the necessary adjusting journal entries. Explanations for your journal entries are not required. Note: You must show each adjusting journal entry separately to demonstrate that you understand which accounts go together 2. Use the adjusted trial balance to provide the totals that would appear in the company's accounting equation. You are not required to show your calculations, 3. Use the adjusted trial balance to calculate the company's net income. You are not required to show your calculations

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