Steel Construction Unlimited specializes in building new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Steel Construction Unlimited. STEEL CONSTRUCTION UNLIMITED Income Statement Accounts Cash Accounts Receivable Supplies Prepaid Insurance STEEL CONSTRUCTION UNLIMITED Adjusted Trial Balance December 31, 2024 Investments (long-term) Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings. Dividends Service Revenue-new construction Service Revenue-remodeling Salaries Expense Supplies Expense Rent Expense Insurance Expense Utilities Expense Interest Expense Service Fee Expense Totals Balance at January 1 For the Year Ended December 31, 2024 Debits $ 17,800 Credits Service Revenues: 25,800 32,800 5,200 443,000 $ 29,200 24,200 142,000 267,000 26,200 3,200 130,000 218,000 22,400 468,000 255,000 68,000 23,200 40,200 7,800 Total Revenues Expenses: 55,000 $ 1,152,000 $ 1,152,000 Total Expenses STEEL CONSTRUCTION UNLIMITED Statement of Stockholders' Equity For the Year Ended December 31, 2024 Balance at December 31 Common Stock Retained Earnings Total Stockholders' Equity Assets nt Assets: STEEL CONSTRUCTION UNLIMITED $ 0 Balance Sheet December 31, 2024 Liabilities Current Liabilities: Total Current Assets Long-term Assets: 0 Total Current Liabilities Long-term Liabilities: 0 Total Liabilities $ 0 Stockholder's Equity Total Stockholders' Equity 0 Total Assets $ 0 Total Liabilities and Stockholders' Equity $ 0