Problem 4-4A (Part Level Submission) armuz Management Services began business on January 1, 2015, with a capital investment of $97,175. The company manages condominiums for owners (service revenue) and rents space in its own office building (rent revenue). The trial balance and adjusted trial balance columns of the worksheet at the end of 2015 are as follows JARMUZ MANAGEMENT SERVICES For the Year Ended December 31, 2015 Adjusted Trial 13,910 28,050 3,750 28,050 Accounts Receivable Prepaid Insurance 66,010 126,800 $8,820 126,800 58,820 Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Retained Earnings 12,770 5,910 111,400 97,175 54,605 12,770 111,400 97,175 4,605 22,120 Service Revenue Rent Revenue Salaries and Wages Expense 90,130 28,520 90,130 2,830 41,640 20,350 19,060 41,640 20,350 -19,060 Utilities Expense 400,510 400,510 Insurance Expense 3,010 3,490 Interest Expense Interest Payable 11,130 418,140 418,140 Your answer is partially correct. Try again. Prepare a complete worksheet. JARMUZ MANAGEMENT SERVICES Worksheet For the Year Ended December 31, 2015 Adjusted Trial Balance Income Statement Trial Balance Adjustments Balance Sheet Cash Accounts Receivable Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock 13,910 28,050 3,750 66,010 3910 8050 1250 2500 66010 126800 3910 28050 2500 6010 126,800 58,820 12,7 5,91 2111400 175 97175 Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense41,640 Advertising Expense Utilities Expense Totals Insurance Expense Depr. Expense Accum. Depr-Buildings Accum. Depr-Equipment Interest Expense Interest Payable 54,60 22,120 120 90,130 28,520 1640 350 41640 20,350 19,060 9060 250 30 210 23150 191301310299 Totals Net Income 3030 22960 22960 296090 Totals