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The adjusted trial balance for Giovanni Co, as at December 31, 2015. follows. GIOVANNI COMPANY Adjusted Trial Balance December 31, 2015 No. Account Title Debit

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The adjusted trial balance for Giovanni Co, as at December 31, 2015. follows. GIOVANNI COMPANY Adjusted Trial Balance December 31, 2015 No. Account Title Debit Credit 101 104 126 $ 6.400 10.200 3.600 800 18.000 $ 3.000 90.000 9,000 2 500 128 167 168 193 174 183 201 203 208 210 213 33 251 Cash Short-term investments Supplies Prepaid insurance Equipment Accumulated depreciation Equipment Building Accumulated depreciation Building Land Accounts payable Interest payable Ront payable Wages payable Property taxes payable Unearned professional fees Long-term notes payable J. Giovanni, Capital J. Giovanni, Withdrawal Professional fees arned Rent and Dividends earned Interest earned Depreciation experte Bild Depreciation - Event Wis expense crestere 2500 1.400 200 180 3330 301 32.000 91.800 6.000 7.000 3.600 302 401 406 407 409 606 2 620 120 2.000 1000 301 302 401 406 407 409 606 612 623 633 J. Giovanni, Capital J. Giovanni, Withdrawals Professional fees earned Rent earned Dividends earned Interest earned Depreciation expense Building Depreciation expense--Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Postage expense Property taxes expense Repairs expense Telephone expense Utilities expense Total 6,000 47,000 3,600 500 1.120 2,000 1,000 17.500 1.200 1.425 1,800 900 310 3.825 579 421 1,820 $196,280 $196 280 637 640 652 682 683 6B4 688 690 So 1. Giovanni invested $30,000 cash in the business during year 2015 (the December 31, 2014, creslit balance of the Giovanni, Capital account was $61.800). Giovanni Company is required to make a $6.400 payment on its long-term notes payable during 2016, Required 1. Prepare the income statement and the statement of changes into the calendar year 2015 cho chied sitement of financial position at December 2015 2. Pat the car com entries at December 2015 be on the financial statement to che

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