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Problem 3-10A Posting, adjusted trial balance, and preparing financial statements LO6, 7 Rainmaker Environmentai Consultants is just finishing its second year of operations. The company's

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Problem 3-10A Posting, adjusted trial balance, and preparing financial statements LO6, 7 Rainmaker Environmentai Consultants is just finishing its second year of operations. The company's unadjusted trlal balance at October 31,2023 , follows: Rainmaker prepares adjustments each October 31 . The following additional information is avallable on October 31,2023 , a. It was determined that $12,400 of the unearned consulting revenue had not yet been earned b. It was discovered that $14.400 of the balance in the Consulting Revenue account was for services to be performed in November. c. The balance in the Prepald Rent account represents three months of rent beginning September 1. 2023. d. Accrued wages at October 3 totalled $7,200. e. The office furniture was purchased on March 1. 2022 and has an estimated useful ife of two years. Ater fwo years of use, it is expected that the furniture will be worthless. f. Acerued consuting revenue at yearend totalled $4,600. 9. Interest of $89 had accrued on the note receivable for the month of Octobet h. The balance in the Prepaid Insurance account represents the remaining balance of a two year policy purchased on Aprili, 2022 1. A count of the suppties on October 31 revealed a balance remaining of $660. Required: 1. Set up balance column accounts for Roinmaker Emvironmental Consuitants and enter the balances isted in the unadjusted trial balance. (Enter the adjusting values in the order of Transoction i.e., a through i.) 2. Complete the following T-Account with the adjusting entries for October 31, 2023. 2. Complete the following T-Account with the adjusting entries for October 31, 2023 . \begin{tabular}{|l|l|l|} \hline Adj Bal Oct 31 & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Adj Bal Oct 31 & 0 & \\ \hline \end{tabular} RAINMAKER ENVIRONMENTAL CONSULTANTS 10 points mbock Print Peferences: Adjusted Trial Balance October 31, 2023 4-a. Use the adjusted trial balance to prepare an income statement. 10 points 4-b. Use the adjusted trial balance to prepare a statement of changes in equity. Assume that the owner, Jefi Moore. made no owner mvestments during the year. 4-c. Use the adjusted trial balance to prepare a balance sheet. Assume that the owner, Jeff Moore, made no ownet imvestments during the year. (Be sure to list the assets and liabilities in order of their liquidity.)

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