The account balances of Pacilio Security Services, Inc. as of January 1, Year 3, are shown here: $8.900 1,500 65 800 Cash Account Receivable Supplies Prepaid Rent Land Accounts Payable Unearned Revenue Salaries Payable Notes Payable Common Stock Retained Earnings 4,000 1.050 200 1,200 2,000 8,000 2,815 During Year 3, Pacilio Security Services experienced the following transactions: 1. Paid the salaries payable from Year 2 2. Paid the balance of $2,000 on the debt owed to the Small Business Government Agency. The loan is interest-free. 3. Performed $32,000 of security services for numerous local events during the year, $21,000 was on account and $11,000 was for cash. 4. On May 1, paid $3,000 for 12 months' rent in advance. 5. Purchased supplies on account for $700, 6. Pald salaries expense for the year of $9,000 7. Incurred other operating expenses on account, $4,200. 8. On October 1, Year 3, a customer paid $1,200 for services to be provided over the next 12 months 9. Collected $19,000 of accounts receivable during the year. 10. Pald $5.950 on accounts payable. 11. Poid $1,800 of advertising expenses for the year. 12. Paid a cash dividend to the shareholders of $4,650. 13. The market value of the land was determined to be $5,500 at December 31, Year 3. Adjustments 14. There was $120 of supplies on hand at the end of the year. 15. Recognized the expired rent 16. Recognized the earned revenue from Year 2 and transaction no. 8. 17. Accrued salaries were $1,000 at December 31, Year 3. Journal entry worksheet General Lodgor Account Cash Accounts rocolvablo No. Debit Credit No. Debit Credit Date Jan 01 Balance 8,900 Date Jan 01 Balance 1,500 Supplies Prepaid rent Debit No. Debit Credit Credit No. Date Jan 01 Balance 65 Date Jan 01 Balance 800 Land Accounts payable Debit No. Debit Credit No. Credit Date Jan 01 Balance 4,000 Date Jan 01 Balance 1,050 Salarles payable Debit Credit Unearned revenue Debit Credit No. No. Date Jan 01 Balance 1,200 Date Jan 01 Balance 200 Noten payable Debit Credit Common stock Debit Credit No. No. Date Jan 01 Balance 2,000 Date Jan 01 Balance 8,000 Retained earnings Debit Credit No. Date Jan 01 Balance 2.815 The ending balance values from the General Ledger tab nows wrough to the man Batance betow. The unwajusted, wdjusted, or post-closing balances will appear for each account, based on your selection Year 2018 represents Year 3 from the problem statement Unadjusted Paelllo Bocurity Services Inc Trial Balance December 31, 2021 Account Title Debit Credit 8.900 1,500 65 800 4.000 Cash Accounts receivable Supplies Prepaid rent Land Accounts payable Salarios payable Uneamed revenue Notes payable Common stock Retained earnings Total 1,050 1.200 200 2,000 8.000 2.815 15,256 15.265 $ (General Ledger Income Statement > Unadjusted Pacillo Security Services, Inc. Income Statement For the Year Ended December 31, Year 3 Revenues ok Total Revenues Expenses + Total Expenses (Trial Balance Changes in SE > Unadjusted Pacilio Security Services, Inc. Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 3 Beginning Common Stock $ Ending Common Stock Beginning Retained Earnings 0 Ending Retained Earnings Total Stockholders' Equity 2,815 2,815 $