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QUESTION #4 - BALANCE SHEET The following collowing are balances from the unadjusted accounts of Dain Smith Inc. Title Debit Credit Cash 3,900 5,600 6,400

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QUESTION #4 - BALANCE SHEET The following collowing are balances from the unadjusted accounts of Dain Smith Inc. Title Debit Credit Cash 3,900 5,600 6,400 1.100 13,000 3.961 184.000 68,400 98,000 Accounts Receivable Prepaid Insurance Supplies - Office Office Furniture Accum. Depreciation - Office Furniture Building Accum. Depreciation - Building Land Accounts Payable Salaries Payable Interest Payable Unearned Consulting Revenue Long-term Notes Payable Dain Smith, Capital Dain Smith, Withdrawals Consulting Fees Earned Rental revenue Salaries Expense Utilities Expense Advertising Expense Interest Expense Insurance Expense Depreciation expense- Furniture Depreciation Expense - Building TOTALS 3.900 9,856 640 15.108 38,995 25.800 1 140 2,500 225,000 50,760 84.200 14.000 7,500 3.520 1.500 1,000 6,200 $432.420 S432,420 Additional information: Ending Capital is $181,140 Required: Prepare a Classified Balance Sheet for Dain Smith Inc., as of 31 December 2018

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