Sundance Apartments Inc.'s unadjusted and adjusted trial balance at April 30, 2017, follow:

Requirements
1. Make the adjusting entries that account for the differences between the two trial balances.
2. Compute Sundance Apartments Inc.'s total assets, total liabilities, total equity, and net income. Prove your answer with the accounting equation?

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Sundance Apartments Inc. Adjusted Trial Balance April 30, 2017 2 3 Account Title 4 Cash 5 Accounts receivable 6 Interest receivable Trial Balance Debit Adjusted Trial Balance Credit Debit Credit 8,300 6,300 $ 8,300 6,800 300 4,100 200 700 66,400 7 Note receivable 8 Supplies 4,100 900 2,400 66,400 9 Prepaid insurance 10 Buildin 11 Accumulated de 12 Accounts payable 13 Wa 14 Unearned rental revenue 15 Share capital 16 Retained earnings 16,000 6,900 $18,200 6,900 ation able 600 18,000 42,700 100 18,000 42,700 3,600 3,600 18 Rental revenue 19 Interest revenue 20 Wa 21 Insurance expense 9,900 10,900 300 1,600 2,000 1,700 2,200 300 700 200 nse 22 Depreciation expense 23 erty tax 300 24 Supplies expense 25 Utilities expense 26 200 $ 94,100 94,10097,500 97,500