preparing closing entries, financial statements, and ratios LO C3, A1, P2

The adjusted trial balance for Tybalt Construction as of December 31, 2019. follows. Credit Debit $ 6,588 23,888 9,300 8,400 55,800 $ 27,500 174, eee 58,00 49,290 TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2019 No. Account Title 101 Cash 104 Short-term investments 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 173 Building 174 Accumulated depreciation-Building 183 Land 201 Accounts payable 203 Interest payable 208 Rent payable 21e Wages payable 213 Property taxes payable 233 Unearned professional fees 244 Current portion of long term note payable 251 Long-term notes payable 301 0. Tybalt, Capital 382 0. Tybalt, Withdrawals 401 Professional fees earned 406 Rent earned 407 Dividends earned 49 Interest earned 506 Depreciation expense-Building 612 Depreciation expense-Equipment 623 Wages expense 633 Interest expense 637 Insurance expense 540 Rent expense 652 Supplies expense 682 Postage expense 683 Property taxes experise 684 epairs expense Telephone expense e utilities expense Totals 15,000 3,000 3,180 2,900 1,4ee 7,200 7, eee 62,500 129,500 12,100 99, eee 15,500 2.ee 2, vee 12,760 8,250 25.600 4,700 520 11.200 5.160 3. ad 8. 1.00 $436,00 $430,300