Problem 4-4A (Part Level Submission) Jarmuz Management Services began business on January 1, 2015, wth 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 MANAGEM ENT SERVICES For the Year Ended December 31, 2015 Adjusted Trial 13,910 28,050 3,750 13,910 28,050 Accounts Receivabke Prepaid Insurance 66,010 26,800 58,820 58,820 Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Retained Earnings 12,770 5,910 111,400 97,175 111,400 22,120 22,120 90,130 Service Revenue Rent Revenue Salaries and Wages Expense 41,640 20,350 19,060 Utilties Expense 400519,060 Insurance Expense 6,500 Interest Expense Interest Payable 418,140 418,140 Your answer is correct. Prepare a complete worksheet. ARMUZ MANAGEMENT SERVICES Worksheet For the Year Ended December 31, 2015 Adjusted Trial Balance Income Statement Trial Balance Adjustments Balance Sheet Account Titles Cash Accounts Recelvable Prepaid Insurance Land Buildings Equipment Accounts Payable Unearned Rent Revenue Mortgage Payable Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries and Wages Expense 41,640 Advertising Expense Utilities Expense Totals Insurance Expense Depr. Expense Accum. Depr.-Buildings Accum. Depr.-Equipment Interest Expense Interest Payable 13,910 28,050 3,750 66,010 126,800 58,820 13910 28050 3910 28050 2500 6010 800 58820 1250 66010 26800 8820 12,770 5,910 111,400 97,175 54,605 12770 1600 2770 175 60 7175 22,120 22120 90,130 28,520 1640 0350 19060 164 20,350 19,060 0350 19060 400,510 400,510 250 1250 250 010 490 490 490 -11130 418140 11130 Totals 930 122960 190 23190 418140 18210 1295180 23030 122960122960 318210 318210 Net Income 3030 Totals Prepare a classified balance sheet. (Note: $34,500 of the mortgage note payable is due for payment next year.) (List current assets in order a JARMUZ MANAGEMENT SERVICES Balance Sheet December 31, 2015 il ities and Stockholders' Equity