P3-36A 00 Prepare an adjusted trial balance and financial statements. [45-60 min) Consider the unadjusted trial balance of Reliable Limo Service Company at June 30, 2012, and the related month-end adjustment data. RELIABLE LIMO SERVICE COMPANY Trial Balance June 30, 2012 Balance Account Debit Credit Cash $ 6,900 Accounts receivable 1,100 Prepaid rent 3,500 Supplics 1,100 Automobile 77,000 Accumulated depreciation $ 3,400 Accounts payable 3,300 Salary payable Common stock 66,350 Retained earnings 13,650 Dividends 4,400 Service revenue 9,600 Salary expense 1,500 Rent expense Fuel expense 200 Depreciation expense Supplies expertise Total 596,300 596,300 Adjustment data ar June 30 follow: a Accrued service revenge at June 30, 51,500. b. One-fifth of the prepaid rent expired during the month. c Supplies on hand at June 30, $700. d. Depreciation on automobile for the month, $1,400. Accrued salary expense at June 30 for one day only. The five-day weekly payroll is $1,500. Requirements 1. Write the trial balance on a worksheet, using Exhibit 3-8 as an example, and pre- pare the adjusted trial balance of Reliable Limo Service Company at June 30, 2012. Key each adjusting entry by letter 2. Prepare the income statement and the statement of retained earnings for the month ended June 30, 2012, and the balance sheet at that date