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Please help as fast as you can with clear format thank you!! I appreciate your help very much! Complete this question by entering your answers
Please help as fast as you can with clear format thank you!! I appreciate your help very much! Complete this question by entering your answers in the tabs below. Prepare the statement of owner's equity for the year ended June 30. Complete this question by entering your answers in the tabs below. Prepare the classified balance sheet at June 30. The following unadjusted trial balance is for Ace Construction Company at its June 30 current fiscal year-end. The credit balance of the V. Ace, Capital account was $53,660 on June 30 of the prior year, and the owner invested $35,000 cash during the current fiscal year. Prepare the income statement for the year ended June 30. Journal entry worksheet 4 Record the entry to close the revenue account(s). Note: Enter debits before credits. Prepare the adjusting entries (all dated June 30 ). Journal entry worksheet 2 6 7 8 Record the required adjusting entry, if any. Supplies available at the end of the current fiscal year total $3,300. Note: Enter debits before credits. a. Supplies available at the end of the current fiscal year total $3,300. b. Cost of expired insurance for the current fiscal year is $3,800. c. Annual depreciation on equipment is $8,400. d. June utilities expense of $650 is not included in the unadjusted trial balance because the bil arrived after the trial balance was prepared. The $650 amount owed must be recorded. e. Employees have earned $1,800 of accrued and unpaid wages at fiscal year-end. f. Rent expense incurred and not yet paid or recorded at fiscal year-end is $500. 9. Additional property taxes of $1,000 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end. h. $250 of accrued interest for June has not yet been paid or recorded. Required: 1. Prepare a 10-column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional information. 2a. Prepare the adjusting entries (all dated June 30 ). 2b. Prepare the clasing entries (all dated June 30). 3a. Prepare the income statement for the year ended June 30. 3b. Prepare the statement of owner's equity for the year ended June 30. 3c. Prepare the classified balance sheet at June 30. Prepare a 10-column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional information. ACE CONSTRUCTION COMPANY Work Sheet For Year Ended June 30
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