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please answer these questions Using the information given below, answer next 20 questions Rainmaker Environmental Consultants is just finifhing is seconf year of operations. The

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"Using the information given below, answer next 20 questions Rainmaker Environmental Consultants is just finifhing is seconf year of operations. The Company's unadjusted Trial Balance is as follows Acct. No 101 106 109 111 126 128 131 161 162 Rainmaker Environmental Consultants Unadjusted Trial Balance October 31, 2020 Account Debit Credit Cash $ 26,000 Accounts receivable 61,000 Interest receivable. 0- Notes receivable.. 50.000 Supplies. 5.300 Prepaid insurance 3.400 Prepaid rent... 27.000 Office furniture. 84.000 Accumulated depreciation office furniture, $ 28,000 Accounts payable........ 18.000 Wages payable -0 Unearned consulting revenue.. 26.000 Jeff Moore, capital... 223,000 Jeff Moore, withdrawals. 28.000 Consulting revenue 232.020 Interest income 450 Depreciation expense, office furniture. -0. Wages expense. 192.000 Insurance expense 0 Rent expense 44.000 Supplies expense, 6.500 Totals... $527.500 $527.500 201 210 233 301 302 401 409 601 622 637 640 650 Rainmaker prepares adjsument esch October 1. The following addito information is available on October 312020. Rainmaker prepares adjsutments each October 31. The following additonal information is available on October 31, 2020. 1. It was determined that $ 12,000 of unearned consulting revenue had not yet been earned. 2. It was discovered that $ 14,000 of the balance in Consulting Revenue Account was for Services to be performed in November. 3. The Balance in Prepaid Rent Account Represents 3 months of rent beginning September 1, 2020. 4. Accrued Wages at October 31 totals $ 6.800. 5. The office Furniture was purchased on March 1, 2019 and has an estimated useful life of two years. After two years furniture will be worthless, Rainmaker uses Straight Line Method for calcualting depreciation (Depreciation under SLM - (Cost. Residual Valuey Useful Life) 6. Accrued Consulting Revenue at the year end totalled $4,200 7. Interest of $ 85 had accrued on the note receivable forthe month of October 8. The Balance in prepaid Insurance account represents the remaining balance of two year policy purchased on April 1, 2019, 9. A count of supplies on october 31, revealed a balance remaining of $ 620. Total of credits side of adjusted trial balance would be O Od 527,500 580,585 550,585 572,500 Question 24 (2 points) Balance in Non-current assets (a adjsutments) would be a O Debit 84,000 Credit 28.000 Credit 45.000 Debit 14,000 d Question 25 (2 points) Total expenses (after adjsutments) would be Oa Ob $ 192,000 $ 242.800 $361.860 $ 316.680 d Question 26 (2 points) Total wages expenses that would be presented on Financial Statements is O a O Od $ 192,000 $198,800 $ 6,800 $ 185,200 Question 27 (2 points) The balance of Equity that would be shown Balance sheet (after all adjsutments and considering adjsuted profit/Loss) Oa O Oc $ 195,000 $115,105 $ 223.000 $184,700 Od Question 28 (2 points) Total of Curent Assets before any adjsutments O a O OC Od $ 146.700 $ 230,700 $ 172.700 $ 256,700 Question 29 (2 points) Total of current Assets after adjustments would be O $ 151905 $ 159105 $ 195105 $159905 Od Question 30 (2 points) Net impact of adjustments on Acounts Payable is O a O Zero (NO) Increased by $ 6,800 increased by $4,200 Can not be determined Od

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