The following unadjusted trial balance is for Ace Construction Co. as of the end of its 2019 fiscal year. The June 30, 2018, credit balance of the owner's capital account was $58,200, and the owner invested $26,000 cash in the company during the 2019 fiscal year. Credit Debit $ 18,500 8,000 5,500 143,940 $ 21,000 6,000 e ACE CONSTRUCTION CO. Unadjusted Trial Balance June 30, 2019 No. Account Title 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation Equipment 201 Accounts payable 203 Interest payable 208 Rent payable 210 Wages payable 213 Property taxes payable 251 Long-tere notes payable 301 V. Ace, Capital 302 V. Ace, Withdrawals 401 Construction fees earned 612 Depreciation expense-Equipment 623 Wages expense 633 Interest expense 637 Insurance expense 640 Rent expense 652 Supplies expense 683 Property taxes expense 684 Repairs expense 690 Utilities expense Totals e 26,000 84,200 32,500 139, 43,000 2,860 11,000 @ 4,100 2,900 3,900 $276,200 $276,200 a. The supplies available at the end of fiscal year 2019 had a cost of $2,880. b. The cost of expired insurance for the fiscal year is $3,465. c. Annual depreciation on equipment is $8,700. d. The June utilities expense of $510 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $510 amount owed needs to be recorded. e. The company's employees have earned $1.400 of accrued and unpaid wages at fiscal year-end. f. The rent expense incurred and not yet paid or recorded at fiscal year-end is $400. g. Additional property taxes of $500 have been assessed for this fiscal year but have not been paid or recorded in the accounts. h. The $260 accrued interest for June on the long-term notes payable has not yet been paid or recorded. Required: 1. Prepare a 10-column work sheet for fiscal year 2019, starting with the unadjusted trial balance and including adjustments based on the additional facts. The June 30, 2018, credit balance of the owner's capital account was $58.200, and the owner invested $26,000 cash in the company during the 2019 fiscal year. 20. Prepare the adjusting entries. (all dated June 30, 2019). 2b. Prepare the closing entries. (all dated June 30, 2019): 30. Prepare the income statement for the year ended June 30, 2019. 3b. Prepare the statement of owner's equity for the year ended June 30, 2019 3c. Prepare the classified balance sheet at June 30, 2019 Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 20 Required 3A Required 36 Required 3C Prepare a 10-kmn war chat for flere ACE CONSTRUCTION CO Workel For your indelane 0019 nadjid Thai CE Adjustment income Statement Masted Trial Balance or Balance Sheet and statem of Owner's Equity Dr. CE CI CE DF $ 18.500 8.000 S 500 143 940 21,0001 5.000 Account the 1 Cash Supplies Prepaid insurance Equipment Accumulated depreciation Equipment Accounts payable Interest payable Rent payable Wages payable Property tax payable Longbor noties payable V Ace Capital V Ace Withdrawal Construction fees and Depreciation expense-Equipment Wages conse 26.000 84200 32 500 139.000 43 000 Help Save & Exit 5,000 25 000 84.200 32.500 139,000 201 Accounts payable 203 Interest payable 208 Rent payable 210 Wiges payable 213 Property taxes payable 251 Longform notes payable 301 V Ace Capital 302 V Ace Withdrawal 401 Construction fees camed 612 Depreciation expense Equipment 623 Wages expense 033 Interest expense 037 Insurance expense 640 Rent expense 652 Supplies expense 683 Property taxes expense 884 Repairs expense 600 Utilities expense Total Not income Total 43,000 2.860 11.000 4 100 2.900 3900 5 276,200 $ 276,200 Journal entry worksheet Annual depreciation on equipment is $8,700. Note: Enter debits before credits Transaction General Journal Debit Credit C Record entry Clear entry View general journal