The following unadjusted trial balance is for Mitchell Construction Company at its June 30 current fiscal year-end. The of the Retained Earnings account was $74,000 on June 30 of the prior year. Information for adjustments is as follows: a. Supplies available at the end of the current fiscal year total $3,700. b. Cost of expired insurance for the current fiscal year is $2,800. c. Annual depreciation on equipment is $31,800. d. June utilities expense of $850 is not included in the unadjusted trial balance because the bill arrived after the trial ba prepared. The $850 amount owed must be recorded. e. Employees have earned $5,700 of accrued and unpaid wages at fiscal year-end. f. Rent expense incurred and not yet paid or recorded at fiscal year-end is $1,400, 9. Additional property taxes of $1.900 have been assessed for this fiscal year but have not been paid or recorded at fisca h. $350 accrued interest for June has not yet been paid or recorded. Requirement General Journal General Ledger Trial Balance Income Statement St of Retained Balance Sheet Post Closing Earnings Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Adjusted MITCHELL CONSTRUCTION COMPANY Income Statement For Year Ended June 30 Reven 5 0 C Pray 1 of 2 !!! Next > LILIJUM UM prepared. The $850 amount owed must be recorded. e Employees have earned $5700 of accrued and unpaid wages at fiscal year-end. t Rent expense incurred and not yet paid or recorded at fiscal year-end is $1,400. 9. Additional property taxes of $1,900 have been assessed for this fiscal year but have not been paid or recorded at fi h. $350 accrued interest for June has not yet been paid or recorded. General General Income St of Retained Balance Sheet Requirement Trial Balance Journal Post Closing Ledger Statement Earnings The unadjusted or adjusted balances will appear for each item, based on your selection. If post-closing is selected, on ending capital will be displayed. Adjusted MITCHELL CONSTRUCTION COMPANY Statement of Retained Earnings For Year Ended June 30 Retained earnings, June 30 prior year 74,000 74,000 (27,000) Less Dividends Retained earnings, June 30 current year $ 47.000 MITCHELL CONSTRUCTION COMPANY Balance Sheet June 30 ASSETS Current assets $ 0 0 0 0 Plant assets LIABILITIES AND EQUITY Current liabilities CA 0 0 0 0 0 0 0 0 $ 0 0 Noncurrent liabilities UCHU trial balance? Account Dr. CE Cash Supplies Prepaid Insurance Equipment Accumulated depreciation - Equipment Accounts payable Interest payable Rent payable Wages payable Property taxes payable Long term notes payable Common stock Retained earnings Construction revenue Depreciation expense - Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Property tres expense Repairs expense Uutis expense Totals $ $ $ 0 The following unadjusted trial balance is for Mitchell Construction Company at its June 30 current fiscal year-end. The of the Retained Earnings account was $74,000 on June 30 of the prior year. Information for adjustments is as follows: a. Supplies available at the end of the current fiscal year total $3,700. b. Cost of expired insurance for the current fiscal year is $2,800. c. Annual depreciation on equipment is $31,800. d. June utilities expense of $850 is not included in the unadjusted trial balance because the bill arrived after the trial ba prepared. The $850 amount owed must be recorded. e. Employees have earned $5,700 of accrued and unpaid wages at fiscal year-end. f. Rent expense incurred and not yet paid or recorded at fiscal year-end is $1,400, 9. Additional property taxes of $1.900 have been assessed for this fiscal year but have not been paid or recorded at fisca h. $350 accrued interest for June has not yet been paid or recorded. Requirement General Journal General Ledger Trial Balance Income Statement St of Retained Balance Sheet Post Closing Earnings Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Adjusted MITCHELL CONSTRUCTION COMPANY Income Statement For Year Ended June 30 Reven 5 0 C Pray 1 of 2 !!! Next > LILIJUM UM prepared. The $850 amount owed must be recorded. e Employees have earned $5700 of accrued and unpaid wages at fiscal year-end. t Rent expense incurred and not yet paid or recorded at fiscal year-end is $1,400. 9. Additional property taxes of $1,900 have been assessed for this fiscal year but have not been paid or recorded at fi h. $350 accrued interest for June has not yet been paid or recorded. General General Income St of Retained Balance Sheet Requirement Trial Balance Journal Post Closing Ledger Statement Earnings The unadjusted or adjusted balances will appear for each item, based on your selection. If post-closing is selected, on ending capital will be displayed. Adjusted MITCHELL CONSTRUCTION COMPANY Statement of Retained Earnings For Year Ended June 30 Retained earnings, June 30 prior year 74,000 74,000 (27,000) Less Dividends Retained earnings, June 30 current year $ 47.000 MITCHELL CONSTRUCTION COMPANY Balance Sheet June 30 ASSETS Current assets $ 0 0 0 0 Plant assets LIABILITIES AND EQUITY Current liabilities CA 0 0 0 0 0 0 0 0 $ 0 0 Noncurrent liabilities UCHU trial balance? Account Dr. CE Cash Supplies Prepaid Insurance Equipment Accumulated depreciation - Equipment Accounts payable Interest payable Rent payable Wages payable Property taxes payable Long term notes payable Common stock Retained earnings Construction revenue Depreciation expense - Equipment Wages expense Interest expense Insurance expense Rent expense Supplies expense Property tres expense Repairs expense Uutis expense Totals $ $ $ 0