This is unadjusted trial balance from Comprehensive Question #2 (chs. 1-3) ANN SIMPSON, DESIGNER Unadjusted Trial Balance November 30, 2018 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Furniture Land Accounts Payable Utilities Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Rent Expense Utilities Expense Total Balance Debit Credit $ 12,400 1,100 900 1,080 1,800 24,000 $ 900 600 2,100 39,000 4,000 6,900 2,820 800 600 $ 49,500 $ 49,500 Adjusting Entries 1. An inventory of supplies showed $100 of supplies were left 2. There was $400 of depreciation on Furniture 3. $1,080 of insurance was purchased for 12 months. Three month of insurance was used. 4. Performed $5,500 of services that was paid for in advance 5. On last day of the month, performed $6,000 of services for new customer and will be paid next month 6. Happy cleaners provided $700 of cleaning services on the last day of the month. They will be paid next month. General Journal Date Adj 1 Adj2 Adj3 Adj4 Adj5 Adj6 Accounts and Explanation Debit Credit General Ledger (starting with balances from unadjusted trial balance) Unadi Bal Cash 12,400 Accounts Receivable Unad Bal. 1,100 Accounts Payable 900 Unad Bal. Utilities Payable 600 Unadj Bal. Office Supplies Unearned Revenue Unad Bal 900 2.100 Unadj Bal. Unad Bal. Prepaid Insurance 1,080 Common Stock 39,000 Unadj Bal. Land Dividends Unadj Bal. 24,000 Unadj Bal 4,000 Fumiture Unad Bal. 1,800 Service Revenue 6,900 Unad Bal. Salary Expense Uslities Expense Undad 2,820 Unadj Bal 600 Supplies Expense Rent Expense Unad Bal 800 Depreciation Expense- Fumiture Insurance expense Accumulated Depreciation-Furniture Cleaning expense Adjusted Trial Balance ANN SIMPSON DESIGNER Adjusted Trial Balance December 31, 2018 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Land Furniture Accumulated Depreciation-Furniture Accounts Payable Utilities Payable Unearned Revenue Common Stock Dividends Service Revenue. Utilities Expense Rent Expense Cleaning expense Salary Expense Supplies Expense Depreciation Expense- Furniture Insurance expense Total SA $ Balance Debit Credit SA $ Revenues: Service Revenue Expenses: Utilities Expense Rent Expense Cleaning expense Salary Expense Supplies Expense Depreciation Expense-Fumiture Insurance expense Total Expenses Net Income ANN SIMPSON DESIGNER Income Statement Year Ended December 31, 2018 Beginning, January 1,2018 Net income for the year Dividends ANN SIMPSON DESIGNER Statement of Owner's Equity Year Ended December 31, 2018 Ending Balance, December 31, 2018) Current Assets: Cash Accounts Receivable Ofice Supplies Prepaid insurance Total Current Assets ANN SIMPSON DESIGNER Balance Sheet December 31, 2018 Assets Property, Plant, and Equipment Land Furniture Less Accumulated Depreciation-Furniture Total Property, Plant, and Equipment Total Assets Current Liabilibes Accounts Payable Utilities Payable Uneamed Revenue Total Current Liabilities Total Liabilites Liabilities Stockholders' Equity Common Stock Owner's Equity Question 1 (30 points) After completing the comprehensive Question #3 worksheet, answer the following questions: 1) what is the total debit balance amount on the adjusted trial balance. 2) What is the total stockholders' equity balance on the balance sheet 3) What is the total liabilities and stockholders Equity balance on the balance sheet Note: Do not enter commas or spaces in your answer. A/