Please show step by step how to solve this

Comprehensive Problem Bug-Off Exterminators Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. Following is the company's unadjusted trial balance as of December 31, 2019 December 31, 2019 s Unadjusted Trial Balance $ 17,600 4,300 $ 834 12,600 35,000 0 48,000 14,600 5,150 1,550 @ 18,000 1,000 53,200 Cash Accounts receivable Allowance for doubtful, accounts Merchandise inventory Trucks Accum. depreciation-Trucks Equipment Accum. depreciation-Equipment Accounts payable Estimated warranty liability Unearned services revenue Interest payable Long-term notes payable Common stock Retained earnings Dividends Extermination services revenue Interest revenue Sales (of merchandise) Cost of goods sold Depreciation expense-Trucks Depreciation expense-Equipment Wages expense Interest expense Rent expense Bad debts expense Miscellaneous expense Repairs expense Utilities expense Warranty expense Totals 13,000 66,000 878 72,626 47,200 0 38,000 0 12,000 1, 238 9,500 7,400 0 $245,838 $245,838 The following Information in a through h applies to the company at the end of the current year. a. The bank reconciliation as of December 31, 2019, includes the following facts Cash balance per bank $15,400 a. The bank reconciliation as of December 31, 2019, Includes the following facts Cash balance per bank Cash balance per books Outstanding checks Deposit in transit Interest earned (on bank account) Bank service charges (miscellaneous expense) $15,400 17,600 1,950 2,609 58 18 Reported on the bank statement is a canceled check that the company failed to record. (Information from the bank reconciliation allows you to determine the amount of this check, which is a payment on an account payable.) b. An examination of customers' accounts shows that accounts totaling $682 should be written off as uncollectible Using an aging of receivables, the company determines that the ending balance of the Allowance for Doubtful Accounts should be $715 c. A truck is purchased and placed in service on January 1, 2019. Its cost is being depreciated with the straight-line method using the following facts and estimates. Original cost Expected salvage value Useful life (years) $33,500 $ 9,200 d. Two items of equipment (a sprayer and an injector) were purchased and put into service in early January 2017. They are being depreciated with the straight-line method using these facts and estimates. Original cost Expected salvage value Useful life (years) Sprayer Injector $ 29,400 $18,600 $ 3,000 $ 2,800 8 5 e. On September 1, 2019, the company is paid $6,300 cash in advance to provide monthly service for an apartment complex for one year. The company began providing the services In September. When the cash was received, the full amount was credited to the Extermination Services Revenue account. f. The company offers a warranty for the services it sells. The expected cost of providing warranty service is 2.5% of the extermination services revenue of $61,800 for 2019. No warranty expense has been recorded for 2019. All costs of servicing warranties in 2019 were properly debited to the Estimated Warranty Liability account g. The $16,500 long-term note is an 8%, five-year, Interest-bearing note with Interest payable annually on December 31. The note was signed with First National Bank on December 31, 2019 h. The ending Inventory of merchandise is counted and determined to have a cost of $12,600. Bug-Off uses a perpetual Inventory system. Prex 1 of 1 40. Prepare a classified bolance sheet as at 2019. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Rey 4 Req 1B Reg 10 Use the results of part 1 to complete the six-column table by first entering the appropriate adjustments for items a through g and then completing the adjusted trial balance columns. Hint: Item b requires two adjustments. (Do not round your intermediate calculations.) BUG-OFF EXTERMINATORS December 31, 2019 Unadjusted Trial Balance Adjustments Debit Credit Debit credit S 17.600 4,300 Adjusted Trial Balance Debit credit Account Title Cash Accounts receivable 834 Allowance for doubtful accounts Merchandise inventory 12.600 35.000 Trucks Accum. deprec.-Trucks 0 48.000 14.800 Equipment Accum. deprec. Equip Accounts payable Estim. warranty liability Unearned services rev 5.150 1.650 0 Interest payable Long term notes payable Common stock 18.000 13.000 Retained earnings 53,200 Dividends 13,000 Extermination services revenue 66,000 Interest revenue 878 72.626 47,200 0 0 38,000 0 Sales Cost of goods sold Deprec. expense Trucks Deprec. expense-Equip Wages expense Interest expense Rent expense Bad debts expense Miscellaneous expense Repairs expense Utilities expense Warranty expense Totals 12,000 0 1.238 9,500 7.400 0 $ 245,838 $ 245,838 IVICILIUIUISE VIRUTY TITULLIICOLIC ycuI-CHIU pity SILOILUUIL. 4a. Prepare a single-step Income statement for year 2019. 4b. Prepare the statement of retained earnings (cash dividends during 2019 were $13,000) for 2019. 4c. Prepare a classified balance sheet as at 2019 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Reg 4A Reg 48 Reg 40 Prepare journal entries to record the adjustments entered on the six-column table. Assume Bug-Off's adjusted balance for Merchandise Inventory matches the year-end physical count. If no entry is required for a particular transaction select No journal entry required in the first account field. Do not round your intermediate calculations.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 > Record the adjustment to the Cash account. Note: Enter debits before credits. Transaction General Journal Debit credit (a) Record entry Clear entry View general joumal verLiuiuiac veinury MOLLICO Luic ycur-ciu mysieur LOUIL. 4a. Prepare a single-step Income statement for year 2019. 4b. Prepare the statement of retained earnings (cash dividends during 2019 were $13,000) for 2019. 4c. Prepare a classified balance sheet as at 2019. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Realda Reg 4B Reg 40 Prepare a single-step income statement for year 2019. BUG-OFF EXTERMINATORS Income Statement For Year Ended December 31, 2019 Revenues Total revenues Expenses Total expenses 40. Prepare a classified bolance sheet as at 2019. Complete this question by entering your answers in the tabs below. Rey 1 Reg 2 Reg 3 Rey 4A Reg 1B Reg 10 Prepare a classified balance sheet as at 2019. (Negative amounts should be indicated by a minus sign. Do not round your intermediate calculations.) BUG-OFF EXTERMINATORS Balance sheet December 31, 2019 Assets Current assets. Total current assets Plant assets. Total plant assets Tolal assets Llabilities Current liabilities: Total current liabilities Long-term liabilities: Total liabilities Equity Total liabilities and equity