The March $31,2023,$ unadjusted trial balance for Silva Rentals after its first year of operations is shown below:

Silva Rentals

Unadjusted Trial Balance

March $31,2023$

Unadjusted Trial Balance

No$.$ Account Dr$.$ Cr$.$

$101$ Cash $ $6,700$

$110$ Rent receivable $30,700$

$124$ Office supplies $2,100$

$141$ Notes receivable, due $202644,500$

$161$ Furniture $15,700$

$173$ Building $213,000$

$183$ Land $39,500$

$191$ Patent $9,300$

$201$ Accounts payable $ $13,450$

$252$ Long$-$term note payable $172,000$

$301$ Stephen Silva, capital $85,000$

$302$ Stephen Silva, withdrawals $90,500$

$406$ Rent revenue $325,800$

$620$ Office salaries expense $50,500$

$633$ Interest expense $4,950$

$655$ Advertising expense $14,300$

$673$ Janitorial expense $40,700$

$690$ Utilities expense $33,800$

Totals $ $596,250$ $ $596,250$

Additional information:

It was determined that the balance in the Rent Receivable account at March $31$ should be $$35,400.$

A count of the office supplies showed $$1,710$ of the balance had been used.

Annual depreciation on the building is $$24,700$ and $$3,200$ on the furniture.

The two part$-$time office staff members each get paid $$145$ per day, for every day they work in the pay period. They are paid on the $1$st and $15$th of each month. At March $31,$ each worker had worked $6$ days and will be paid on April $1.$

A review of the balance in Advertising Expense showed that $$2,250$ was for advertisements to appear in the April issue of Canadian Business magazine.

Accrued utilities at March $31$ totalled $$2,470.$

March interest of $$410$ on the long$-$term note payable is unrecorded and unpaid as of March $31.$

Required:

$1.-3.$ Use the above information to complete the work sheet.

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