The unadjusted trial balance of Wendson Anvils at December 31, 2016, and the data for the adjustments follow: = (Click the icon to view the unadjusted trial balance.) (Click the icon Read the requiren Date Requirement 1. Prepare the adjusting entries, and post to the accounts. T-accounts have been opened using the balances from the unadjusted trial balance. Begin by preparing the adjusting entries. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Unearned Revenue still unearned at December 31, $2,800 Data Table - X Accounts and Explanation Debit Credit Dec. 31 Adj. (a) Wendson Anvils Unadjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash $ 17,960 i Requirements - X Accounts Receivable 14,500 Prepaid Rent 1,940 Office Supplies 2,000 1. Prepare the adjusting entries, and post to the accounts. T-accounts have been opened using the balances from the unadjusted trial balance. Equipment 27,000 2. Prepare an adjusted trial balance. Accumulated Depreciation Equipment S 6,000 3. Complete the worksheet for the year ended December 31, 2016. Accounts Payable 6,800 4. Prepare the income statement, the statement of owner's equity, and the classified balance sheet in report form. Assume that there were no Salaries Payable contributions made by the owner during the year. Unearned Revenue 6,400 5. Prepare the closing entries, and post to the accounts. 6. Prepare a post-closing trial balance. Wendson, Capital 33,000 7. Calculate the current ratio for the company Wendson, Withdrawals 6,000 Service Revenue 20,000 Print Done Salaries Expense 2,800 Rent Expense Depreciation Expense-Equipment Supplies Expense $ 72,200 $ 72,200 Total Print Done Choose from any list or enter any number in the input fields and then click Check