Unadjusted Trial Balance Adjusted Trial Balance Adjustments Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 5,100 5,100 Accounts Receivable 22,750 3,750 26,500 3,600 1,300 2,300 2,025 1,500 525 80,000 80,000 340,000 340,000 190,000 3,000 193,000 140,000 140,000 Prepaid Insurance Supplies Land Building Accum. Depr.-Building Equipment Accum. Depr.-Equipment Accounts Payable Salaries & Wages Payable Unearned Rent Common Stock Retained Earnings Dividends 4,550 59,000 54,450 9,750 9,750 1,900 1,900 4,500 3,000 1,500 90,000 90,000 271,300 271,300 20,000 20,000 I Fees Earned 280,000 3,750 283,750 3,000 Rent Revenue 3,000 1,900 147,000 86,800 145,100 86,800 30,000 18,750 30,000 18,750 Salaries & Wages Expense Advertising Expense Utilities Expense Travel Expense Depr. Exp.-Equipment Depr. Exp.-Building Supplies Expense Insurance Expense Misc. Expense 4,550 4,550 3,000 3,000 1,500 1,500 1,300 1,300 5,875 5,875 900,000 900,000 19,000 19,000 913,200 913,200 Required: 1. Prepare an income statement for the year ended June 30, 2083. Last Chance Company Income Statement For the Year Ended June 30, 2013 Revenues: Fees earned Rent revenue