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WAZZUP Advertising Agency was founded by Matt Walton in January 2002. Presented on the worksheet are both the adjusted und unadjusted trial balancus as of

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WAZZUP Advertising Agency was founded by Matt Walton in January 2002. Presented on the worksheet are both the adjusted und unadjusted trial balancus as of December 31. 2009. Instructions 1. Journalize the annual adjusting entries that were made. 2. Prepare an income statement and a retained earnings statement for the year ended December 31, and a classitied balance sheet at December 31. 3. Prepare the closing entries. WAZZUD ADVERTIDA Titan Wonho 12031 sance Sheet Account Title Unadjusted Trial Balance Debt Income Dib Cred Post Closing best Eredit Cred Credit $ 11,000.00 16.000.00 8.400.00 Adfonted Triat Balance DAM Credit 3 11,000.00 19.500.00 0.000.00 1.700.00 00.00 S 30,000.00 2000.00 32.350.00 52.000.00 $ 5.000.00 2.000.00 Cash Atstunts Receivable Art Supplies Preparin Die Fautem Arutled Deresi A Payable erit Pa Ne Pyhte Lineame Adveng Revenue States Povable Common Stock petained in Ovidends Adver Revenue 8.000,00 4.000.00 1.000.00 3.600 1,300.00 20.020.00 5.500.00 20.000.00 5.500.00 10.000.00 10,000.00 57,000.00 01.500.00 9.000.00 Insuranon Expense interest Expense Deprecation Expert 21 des Evans 10 30000 1.500.00 320.00 5.000.00 2.400.00 4350.00 435000 $ 122.100.00 $ 122,100.00 $ 132.210.00 $ 132,220.00

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