The unadjusted trial balance of Fratner Investment Advisers at December 31 2018, follows: Click the icon to view the unadjusted trial balance.) Adjustment data at December 31, 2018: (Click the icon to view the adjustments) Requirements 1. Prepare a worksheet for Fratner Investment Advisers at December 31, 2018 2. Prepare the income statement, the statement of retained earnings, and the classified balance shoot in account format 3. Prepare closing entries. Requirement 1. Prepare a worksheet for Fratner Investment Advisers at December 31, 2018 The unadjusted balances have been entered for you in the trial balance columns of a worksheet. Complete the worksheet one section at a time beginning with the Adjustments section. Enter the adjustments along with the adjustment letter references(a), (b), (c) etc.-into the columns as appropriate. In the following step. complete the Adjusted Trial Balance. Lastly, complete the worksheet by preparing the income Statement and Balance Sheet columns. Be sure to calculate the total debits and credits in each step. (Abbreviations used: Depr.depreciation, Exp. - expense long form, Paypayable, Recreceivable Sok stock, and Supp: supplies.) Fratner Investment Advisers Worksheet Supe r En Choose from any list or enter any number in the input fields and then continue to the next question M UIL. 20 PIS PUSSID X sh eunadiusted trial balance of Frater Investment Advisers at Dog 10 Data Table 18, ( 0 More Info just (CH Fratner Investment Advisers a. Unearned Revenue eamed during Unadjusted Trial Balance ccou the year, $200 December 31, 2018 b. Office Supplies on hand, $4,000 C. Depreciation for the year. $5.500 Balance cour Account Title d. Accrued Salaries Expense. $4,000 Debit Credit Tces e. Accrued Service Revenue, $2,000 Cash uip Accounts Receivable 40,000 cum Print Done Office Supplies 6,000 Equipment 24,000 Accumulated Depreciation Equipment ose from any list or enter any number in the input fields and Print 32,000 boun 15.000 07/17/10 Data Table rs at Dece 16,000 Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-term) Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense 4,500 23,000 22,000 3,500 27,000 92,000 3,000 31,000 fields and Print Done i Data Table Dece X 3,500 27,000 92,000 Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Rent Expense Depreciation Expense-Equipment 3,000 31,000 5,000 8,000 Total $ 176,000 $ 176,000 and Print Done The unadjusted trial balance of Fratner Investment Advisers at December 31, 2018, follows: Click the icon to view the unadjusted trial balance.) Requirements 1. Prepare a worksheet for Fratner Investment A 2. Prepare the income statement, the statement classified balance sheet in account format. 3. Prepare closing entries. Adjustment data at December 31, 2018: (Click the icon to view the adjustments.) December 31, 2018 Adjusted Trial Balance Debit Credit Adjustments Debit Credit Income Statement Debit Credit Balance Sheet Account Title Debit Credit Unadjusted Trial Balance Debit Credit 32,000 40,000 6,000 Cash Accounts Rec. Office Supp. Choose from any list or enter any number in the input fields and then continue to the next