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please help me, I don't know which are incomplete. Thank you : ) The following unadjusted trial balance is for Ace Construction Co. as of

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please help me, I don't know which are incomplete. Thank you : )

The following unadjusted trial balance is for Ace Construction Co. as of the end of its 2019 fiscal year. The June 30, 2018, credit balance of the owner's capital account was $51,600, and the owner invested $29,000 cash in the company during the 2019 fiscal year. Credit $ 16,500 8,500 7,000 154,550 $ 27,500 6,400 ACE CONSTRUCTION CO. Unadjusted Trial Balance June 30, 2019 NO. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 201 Accounts payable 203 Interest payable 208 Rent payable 210 Wages payable 213 Property taxes payable 251 Long-term notes payable 301 V. Ace, Capital 302 V. Ace, Withdrawals 401 Construction fees earned 612 Depreciation expense-Equipment 623 Wages expense 633 Interest expense 637 Insurance expense 640 Rent expense 652 Supplies expense 683 Property taxes expense 684 Repairs expense 690 Utilities expense Totals 25,000 80,600 25,000 143,000 47,000 2,750 0 11,000 0 4,000 2,500 3,700 $282,500 $282,500 Adjustments: a. The supplies available at the end of fiscal year 2019 had a cost of $3,060. b. The cost of expired insurance for the fiscal year is $4,410. c. Annual depreciation on equipment is $8,000. d. The June utilities expense of $530 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $530 amount owed needs to be recorded. e. The company's employees have earned $1,400 of accrued and unpaid wages at fiscal year-end. f. The rent expense incurred and not yet paid or recorded at fiscal year-end is $400. g. Additional property taxes of $900 have been assessed for this fiscal year but have not been paid or recorded in the accounts. h. The $250 accrued interest for June on the long-term notes payable has not yet been paid or recorded. Required: 1. Prepare a 10-column work sheet for fiscal year 2019, starting with the unadjusted trial balance and including adjustments based on the additional facts. The June 30, 2018, credit balance of the owner's capital account was $51,600, and the owner invested $29,000 cash in the company during the 2019 fiscal year 2a. Prepare the adjusting entries. (all dated June 30, 2019). 2b. Prepare the closing entries. (all dated June 30, 2019): 3a. Prepare the income statement for the year ended June 30, 2019. 3b. Prepare the statement of owner's equity for the year ended June 30, 2019. 3c. Prepare the classified balance sheet at June 30, 2019. ACE CONSTRUCTION CO. Work Sheet For Year Ended June 30, 2019 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Cr. Dr. Cr. Cr. Dr. Cr $ Dr. $ 16,500 8,500 7.000 154,550 5,440 4,410 Dr. 16,500 3,060 2,590 154,550 27.500 6,400 No. 101 126 128 167 168 201 203 208 210 213 251 301 302 401 8,000 530 250 400 1,400 900 Account Title Cash Supplies Prepaid insurance Equipment Accumulated depreciation Equipment Accounts payable Interest payable Rent payable Wages payable Property taxes payable Long-term notes payable V. Ace, Capital V. Ace, Withdrawals Construction fees earned Depreciation expense Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Property taxes expense Repairs expense Utilities expense 35,500 6,930 250 400 1,400 900 25,000 80,600 Balance Sheet and Statement of Owner's Equity Dr. 16,500 3,060 2.590 154,550 35,500 6,930 250 400 1,400 900 25,000 80,600 25,000 25,000 80,600 25,000 25,000 143,000 143,000 143,000 612 623 633 47,000 2,750 637 insure 8,000 1,400 250 4,410 400 5,440 900 11,000 640 652 683 684 690 8,000 48,400 3,000 4,410 11,400 5,440 4,900 2,500 4,230 293,980 4,000 2,500 3,700 8,000 48,400 3,000 4,410 11,400 5,440 4,900 2,500 4,230 92,280 50,720 143,000 530 S 21,330 Totals 282,500 282,500 $21,330 $ S 293,980 143,000 201,700 150,980 Net Income Totals 50,720 201,700 $ $ 143,000 $ 201,700 $ Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3A Required 3B Required 30 Prepare the adjusting entries (all dated June 30, 2019). No General Journal Credit Transaction a. Debit 5,440 Supplies expense Supplies 5,440 b. 4,410 Insurance expense Prepaid insurance 4,410 C. 8,000 Depreciation expense-Equipment Accumulated depreciation-Equipment 8,000 d. 530 Utilities expense Accounts payable 530 e. 1,400 Wages expense Wages payable 1,400 400 Rent expense Rent payable 400 g. 900 Property taxes expense Property taxes payable 900 8 h. 250 Interest expense Interest payable 250 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3A Required 3B Required 3C Prepare the closing entries (all dated June 30, 2019). No Date Credit General Journal Construction fees earned Debit 143,000 June 30, 2019 Income summary 143,000 June 30, 2019 Income summary 92,280 Depreciation expense-Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Property taxes expense Repairs expense Utilities expense 8,000 48,400 3,000 4,410 11,400 5,440 4,900 2,500 4,230 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3A Required 3B Required 30 Prepare the income statement for the year ended June 30, 2019. $ 143,000 ACE CONSTRUCTION CO. Income Statement For Year Ended June 30, 2019 Revenues: Construction fees earned Expenses: Depreciation expense-Equipment $ 8,000 Wages expense 48,400 Interest expense 3,000 Insurance expense 4,410 Rent expense 11,400 Supplies expense 5,440 Property taxes expense 4,900 Repairs expense 2,500 Utilities expense 4,230 Total expenses Net income 92,280 50,720 $ X Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3A Required 3B Required 30 ........ Prepare the statement of owner's equity for the year ended June 30, 2019. The June 30, 2018, credit balance of the owner's capital account was $51,600, and the owner invested $29,000 cash in the company during the 2019 fiscal year. ACE CONSTRUCTION CO. Statement of Owner's Equity For Year Ended June 30, 2019 V. Ace, Capital, June 30, 2018 Add: Owner investment $ 29,000 Add: Net income 50,720 $ 51,600 79,720 131,320 25,000 Less: Withdrawals V. Ace, Capital, June 30, 2019 106,320 Prepare the classified balance sheet at June 30, 2019. ACE CONSTRUCTION CO. Balance Sheet June 30, 2019 Assets 20 2019 Current assets Cash $ Supplies Prepaid insurance 16,500 3,060 2,590 $ 22,150 Total current assets Plant assets Equipment Accumulated depreciation 154,550 (35,500) Equipment 119,050 141,200 Total assets $ Liabilities Current liabilities Accounts payable Interest payable Rent payable Wages payable Property taxes payable 6,930 250 400 1,400 900 $ 9,880 Total current liabilities Noncurrent liabilities Long-term notes payable Total liabilities 25,000 34,880 Equity V. Ace, Capital Total liabilities and equity 106,320 141,200 $

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