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Part IV (25 points) The information presented below is taken from the adjusted trial balance of the Eelis Co. as of December 31, 1978. Service

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Part IV (25 points) The information presented below is taken from the adjusted trial balance of the Eelis Co. as of December 31, 1978. Service revenue Notes payable Rent expense Rent revenue Accumulated depreciation-Equipment Depreciation expense-Equipment Equipment Accounts receivable Supplies expense Utilities expense J. Eelis, Capital J. Eelis, Withdrawals Salaries expense Supplies Interest payable Interest expense Property tax expense Accounts payable $10,000 50,000 5,000 8,000 6,000 10,000 1,000 25,000 3,000 5,000 6,000 20,000 5,000 8,000 9,000 2,000 5,000 2,000 3,000 Indaede Closima Enties

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