The unadjusted trial balance for Peanut Butter & Jam Inc. appears below as of December 31, 2017 Peanut Butter & Jam Inc. Unadjusted Trial Balance December 31, 2017 DebitCredit Cash$55,500 Accounts receivable6,000 Prepaid insurance15,000 Supplies3,000 Equipment40,000 Accumulated depreciation-equipment$4,000 Accounts payable21,000 Unearned service revenue 10,500 Common shares48,250 Retained earnings12,000 Dividends5,000 Service revenue44,600 Salary expense 7,200 Utilities expense1,200 Rent expense5,250 Advertising expense2,200 $140,350$140, 350 Additional data is as follows: - Unearned service revenue earned during the year amounts to $8,500. Depreciation for the current year amounts to $4,000. Prepaid insurance consists of a policy purchased on January 1, 2017 for a 15 months coverage. Supplies used during the current year amount to $1,500 Accrued salaries on December 31, 2017, amount to $2,500 Based on the unadjusted trial balance and the additional data, prepare a balance sheet for Peanut Butter & Jam Inc, dated December 31, 2017 Peanut Butter & Jam Inc. Balance Sheet December 31, 2017 Liabilities Header Assets Shareholder's Equity Explain the following terms in your own words and give an example of each. a asset b. liability c.shareholders' equity d.dividend e.revenue f.expense