P4.4B Law Management Services began business on January 1, 2012, with a capital invest ment of $120,000. The company manages condominiums for owners (Service Revenue) and rents space in its own office building (Rent Revenue). The trial balance and adjusted trial balance columns of the worksheet at the end of the first year are as follows LAW MANAGEMENT SERVICES Worksheet For the Year Ended December 31, 2012 Adjusted Tral Balance Dr. CE. 13.800 28,300 2,400 67.000 127.000 59.000 Account Titles Cash Accounts Receivable Prepaid Insurance Land Buildings Equipment Accounts Payable Uneamed Rent Revenue Mortgage Payable Owner's Capital Owner's Drawings Service Revenue Rent Revenue Salaries and Wages Expense Advertising Expense Utilities Expense Totals Trial Balance Dr. Cr. 13.800 28300 3.600 67.000 127.000 59.000 12 500 6,000 120.000 144.000 22.000 90,700 29.000 42.000 20,500 19.000 402 200 402 200 12.500 ISO 120.000 144.000 22.00 90,700 33 SKO 42.000 20.500 19.000 Probl Insurance Expense 1,200 Depreciation Expense 6,600 Accumulated Depreciation --Buildings 3,000 Accumulated Depreciation --Equipment 3,600 Interest Expense 10,000 Interest Payable 10,000 Totals 418.800 418.800 Instructions (a) Prepare a complete worksheet. () Prepare a classified balance sheet. (Note: $30,000 of the mortgage note payable is due for payment next year.) (c) Journalize the adjusting entries (d) Journalize the closing entries. e) Prepare a post-closing trial balance. Net 05) Total 3440 le Post $297 Colde