QS 3-19 Preparing financial statements LO P6 The adjusted trial balance for Zahurak Company follows. Adjusted Trial Balance December 31 Account Title Dr. Cr. No. 101 Cash $ 8,700 106 Accounts receivable 38,019 153 Trucks 39,500 154 Accumulated depreciation-Trucks 15,879 183 Land 30,000 201 Accounts payable 20,271 209 4,637 Salaries payable Unearned fees 233 4,037 301 E. Happ, Capital 68,348 302 E. Happ, Withdrawals 18,260 401 Plumbing fees earned 70,000 611 Depreciation expense-Trucks 5,293 622 Salaries expense 32,760 640 Rent expense 10,640 Totals $183,172 $183, 172 Drov 2 of 1 Next 183 Land 30,000 20,271 201 Accounts payable 209 Salaries payable Unearned fees 4,637 233 4,037 301 E. Happ, Capital 68,348 302 E. Happ, Withdrawals 18,260 401 Plumbing fees earned 70,000 611 Depreciation expense-Trucks 5,293 622 Salaries expense 32,760 640 10,640 Rent expense Totals $183,172 $183, 172 Required: a. Use the adjusted trial balance to prepare the December 31 year-end income statement. b. Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital account balance was $68,348 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. TWI Required A Required B Required C Use the adjusted trial balance to prepare the December 31 year-end statement of owner's equity. The E. Happ, Capital account balance was $68,348 on December 31 of the prior year. Show less A ZAHURAK COMPANY Statement of Owner's Equity For Year Ended December 31 E. Happ, Capital, Dec. 31 prior year end 0 E. Happ, Capital, Dec. 31 current year end