The adjusted trial balance for Renfro Company is shown below. RENFRO COMPANY Trial Balance August 31, 2020 Before Adjustment Dr. Cr. Cash $10,400 Accounts Receivable 8,800 Supplies 2.300 Prepaid Insurance 4,000 Equipment 14,000 Accumulated Depreciation Equipment $3,600 Accounts Payable 5,800 Salaries and Wages Payable 0 Unearned Rent Revenue 1.500 Owner's Capital 15,600 Service Revenue 34.000 Rent Revenue 11,000 Salaries and Wages Expense 17.000 Supplies Expense 0 Rent Expense 15,000 Insurance Expense 0 After Adjustment Dr. Cr. $10,400 11.200 700 2.500 14,000 $ 4,500 5,800 1,100 400 15,600 36,400 12,100 18,100 1,600 15,000 1,500 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue Owner's Capital Service Revenue Rent Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Before Adjustment Dr. Cr. $10,400 8,800 2.300 4,000 14,000 $3,600 5,800 0 1,500 15,600 34,000 11,000 17,000 0 15.000 0 After Adjustment Dr. Cr. $10,400 11,200 700 2,500 14,000 $4,500 5,800 1,100 400 15,600 36,400 12.100 18,100 1,600 15,000 1,500 900 $75,900 0 $71,500 $71,500 $75,900 RENFRO COMPANY Income Statement $ $ Prepare the owner's equity statement for the year. RENFRO COMPANY Owner's Equity Statement Prepare the balance sheet at August 31. (List Assets in order of liquidity.) RENFRO COMPANY Balance Sheet Assets RENFRO COMPANY Balance Sheet Assets $ $ Liabilities and Owner's Equity $ Liabilities and Owner's Equity