The March 31, 2020, unadjusted trial balance for Silva Rentals after its first year of operations is shown below: Silva Rentals Unadjusted Trial Balance March 31, 2020 Unadjusted Trial Balance No. Account Dr. Cr. 101 Cash $ 7,900 110 Rent receivable 31,900 124 Office supplies 2,700 141 Notes receivable, due 2023 50, 500 161 Furniture 16,900 173 Building 225,000 183 Land 45,500 191 Patent 10,500 201 Accounts payable $ 14,650 252 Long-term note payable 184,000 301 Stephen Silva, capital 106,000 302 Stephen Silva, withdrawals 96,500 406 Rent revenue 337,800 620 Office salaries expense 56,500 633 Interest expense 6,150 655 Advertising expense 15,500 673 Janitorial expense 41,900 690 Utilities expense 35,000 Totals $642,450 $642,450 Additional information: a. It was determined that the balance in the Rent Receivable account at March 31 should be $37,800. b. A count of the office supplies showed $2,190 of the balance had been used. c. Annual depreciation on the building is $25,900 and $4,400 on the furniture. d. The two part-time office staff m Totals $642,450 $642,450 Additional information: a. It was determined that the balance in the Rent Receivable account at March 31 should be $37,800. b. A count of the office supplies showed $2,190 of the balance had been used. c. Annual depreciation on the building is $25,900 and $4,400 on the furniture. d. The two part-time office staff members each get paid $205 per day, for every day they work in the pay period. They are paid on the 1st and 15th of each month. At March 31, each worker had worked 6 days and will be paid on April 1./ e. A review of the balance in Advertising Expense showed that $2,850 was for advertisements to appear in the April issue of Canadian Business magazine. f. Accrued utilities at March 31 totalled $3,070. g. March interest of $470 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. SILVA RENTALS Work Sheet For Year Ended March 31, 2020 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet & Statement of Changes in Equity Account Number Account Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit 101 Cash $ 7,900 110 Rent receivable 31,900 124 Office supplies 2,700 141 Notes receivable, due 2023 161 Furniture 173 Building 50,500 16,900 225,000 45,500 10,500 183 Land 191 Patent 201 $ 252 Accounts payable Long-term note payable Stephen Silva, capital Stephen Silva, withdrawals 14,650 184,000 106,000 301 302 96,500 406 Rent revenue 337,800 620 Office salaries expense 56,500 633 Interest expense 6,150 655 Advertising expense 15,500 Lory How yuyuni TUT, 106,000 301 Stephen Silva, capital Stephen Silva, withdrawals 302 96,500 406 Rent revenue 337,800 620 Office salaries expense 56,500 633 Interest expense 6,150 655 15,500 Advertising expense Janitorial expense 673 41,900 690 Utilities expense 35,000 Totals $ 642,450 $ 642,450 650 601 162 606 Office supplies expense Depreciation expense, furniture Accumulated depreciation, furniture Depreciation expense, building Accumulated depreciation, building Salaries payable Prepaid advertising Interest payable 174 209 131 203 Totals $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 . Totals $ $ 0 $ 0 $ 0 The March 31, 2020, unadjusted trial balance for Silva Rentals after its first year of operations is shown below: Silva Rentals Unadjusted Trial Balance March 31, 2020 Unadjusted Trial Balance No. Account Dr. Cr. 101 Cash $ 7,900 110 Rent receivable 31,900 124 Office supplies 2,700 141 Notes receivable, due 2023 50, 500 161 Furniture 16,900 173 Building 225,000 183 Land 45,500 191 Patent 10,500 201 Accounts payable $ 14,650 252 Long-term note payable 184,000 301 Stephen Silva, capital 106,000 302 Stephen Silva, withdrawals 96,500 406 Rent revenue 337,800 620 Office salaries expense 56,500 633 Interest expense 6,150 655 Advertising expense 15,500 673 Janitorial expense 41,900 690 Utilities expense 35,000 Totals $642,450 $642,450 Additional information: a. It was determined that the balance in the Rent Receivable account at March 31 should be $37,800. b. A count of the office supplies showed $2,190 of the balance had been used. c. Annual depreciation on the building is $25,900 and $4,400 on the furniture. d. The two part-time office staff m Totals $642,450 $642,450 Additional information: a. It was determined that the balance in the Rent Receivable account at March 31 should be $37,800. b. A count of the office supplies showed $2,190 of the balance had been used. c. Annual depreciation on the building is $25,900 and $4,400 on the furniture. d. The two part-time office staff members each get paid $205 per day, for every day they work in the pay period. They are paid on the 1st and 15th of each month. At March 31, each worker had worked 6 days and will be paid on April 1./ e. A review of the balance in Advertising Expense showed that $2,850 was for advertisements to appear in the April issue of Canadian Business magazine. f. Accrued utilities at March 31 totalled $3,070. g. March interest of $470 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. SILVA RENTALS Work Sheet For Year Ended March 31, 2020 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet & Statement of Changes in Equity Account Number Account Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit 101 Cash $ 7,900 110 Rent receivable 31,900 124 Office supplies 2,700 141 Notes receivable, due 2023 161 Furniture 173 Building 50,500 16,900 225,000 45,500 10,500 183 Land 191 Patent 201 $ 252 Accounts payable Long-term note payable Stephen Silva, capital Stephen Silva, withdrawals 14,650 184,000 106,000 301 302 96,500 406 Rent revenue 337,800 620 Office salaries expense 56,500 633 Interest expense 6,150 655 Advertising expense 15,500 Lory How yuyuni TUT, 106,000 301 Stephen Silva, capital Stephen Silva, withdrawals 302 96,500 406 Rent revenue 337,800 620 Office salaries expense 56,500 633 Interest expense 6,150 655 15,500 Advertising expense Janitorial expense 673 41,900 690 Utilities expense 35,000 Totals $ 642,450 $ 642,450 650 601 162 606 Office supplies expense Depreciation expense, furniture Accumulated depreciation, furniture Depreciation expense, building Accumulated depreciation, building Salaries payable Prepaid advertising Interest payable 174 209 131 203 Totals $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 . Totals $ $ 0 $ 0 $ 0