Peng's Music Lessons Adjusted Trial Balance February 28, 2020 Account Debit Credit Cash $ 33,000 9,100 Supplies Prepaid rent 4,200 Instruments 184,000 Accumulated amortization-instruments $ 30,000 47,000 Accounts payable Salaries payable 4,600 Unearned service revenue 27,000 P. Gupta, capital 169,300 P. Gupta, withdrawals 25,000 Service revenue 69,000 Salaries expense 59,000 Rent expense 23,000 Amortization expenseinstruments 1,200 Supplies expense 3,800 Utilities expense 4,600 $ 346,900 $ 346,900 Total The adjusted trial balance from February 28, 2020, of Peng's Music Lessons follows: (Click the icon to view the adjusted trial balance.) Prepare the classified balance sheet of Peng's Music Lessons at February 28, 2020. Use the report format. You must compiste the ending balance of P. Gupta, Capital first. First, calculate the ending balance in the Capital account. Begin by determining the formula and then enter the amounts and calculate the balance. Consider whether there is a net income or loss. (Indicate a loss with a minus sign or parentheses. Beginning Capital balance Ending Capital balance Now, we can prepare the balance sheel. Assets Current assols Total current assets Properly, plant, and equipment Total current assets Property, plant, and equipment Total assets Liabilities Current liabilities Total liabilities Owner's Equity Total liabilities and owner's equity