The adjusted trial balance for Tybalt Construction as of December 31, 2017 follows TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2017 NO Account Title Deo Credit 101 Cash $5.500 104 Short-term investments 23.500 126 Supplies 8.800 128 Prepaid insurance 8.700 167 Caumont 55,000 168 Accurrulated depreciation--Equiment $ 27,500 173 Building 177,000 174 Acoumulated depreciation Building 50,000 183 Land 43,870 201 Accounts payable 15.500 203 Interest payable 2.400 200 Rent payable 3.300 210 Wagon payable 3,800 213 Property taxes payable 900 233 Uneamed professional fees 251 Long-term noles payable 60,000 301 0 Tyball, Capital 127.300 302 O Tyball, Wmdrawals 10.000 401 Professional foon comed 104.000 400 Rent earned 15.800 407 Dividends and 2.100 409 Interested 2,400 306 Depreciation expense Building 12.900 612 Depreciation expense-Equipment 8.250 023 Wages expense 27.500 033 Interesta perso 4300 637 Insurance expense 7.700 640 Rant expense 10.400 7.100 652 Supplies expert 2.000 692 Postage expense 4.000 683 Property taxes axpense 1,100 684 Ropars experts 2.500 688 Telephone expense 600 Usitis exporno 3,400 $4,500 4,500 Total 1.000 O. Tybalt invested 55,600 cash in the business during your 2017 (the December 31, 2016. credit balance of the Tybalt Capital account was $121.600). Toll Construction is required to make a scopy on is kng to notos payable during 2018 Prepare the statement of owner's equity for the calendar year 2017, TYBALT CONSTRUCTION Statement of Owner's Equity For Year Ended December 31, 2017 O. Tybalt, Capital, Dec 31, 2016 0 0 O. Tybalt, Capital, Dec 31, 2017 $ Credit $ Debit 5,500 23,500 8,800 8,700 55,000 $ 27,500 177,000 59,000 48,870 TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2017 No. Account Title 101 Cash 104 Short-term investments 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 173 Building 174 Accumulated depreciation-Building 183 Land 201 Accounts payable 203 Interest payable 208 Rent payable 210 Wages payable 213 Property taxes payable 233 Unearned professional fees 251 Long-term notes payable 301 o. Tybalt, Capital 302 O. Tybalt, Withdrawals 401 Professional fees earned 406 Rent earned 407 Dividends earned 409 Interest earned 606 Depreciation expense-Building 612 Depreciation expense-Equipment 623 Wages expense 633 Interest expense 637 Insurance expense 640 Rent expense 652 Supplies expense 682 Postage expense 683 Property taxes expense 684 Repairs expense 688 Telephone expense 690 Utilities expense Totals 15,500 2,400 3,300 2,800 900 7,800 66,000 127,300 10,000 104,000 15,500 2,100 2,400 12,980 8,250 27,500 4,300 7,700 10,400 7,100 2,000 4,900 8,100 2,500 3,400 $ 436,500 $436,500