The unadjusted trial balance of Farish Investment Advisers at December 31, 2018, follows:

Adjustment data at December 31, 2018:
a. Unearned Revenue earned during the year, $800.
b. Office Supplies on hand, $4,500.
c. Depreciation for the year, $4,500.
d. Accrued Salaries Expense, $5,000.
e. Accrued Service Revenue, $6,500.
Requirements
1. Prepare a worksheet for Farish Investment Advisers at December 31, 2018.
2. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in account format.
3. Prepare closing entries.

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FARISH INVESTMENT ADVISERS Unadjusted Trial Balance December 31, 2018 Balance Credit Account Title Debit $ 30,000 Cash Accounts Receivable 51,000 Office Supplies 7,000 Equipment 28,000 Accumulated Depreciation-Equipment %24 9,000 Accounts Payable 13,000 Salaries Payable Unearned Revenue 5,500 Notes Payable (long-term) 21,000 Common Stock 27,000 Retained Earnings 29,500 Dividends 29,000 Service Revenue 93,000 2,500 Insurance Expense Salaries Expense 40,000 Supplies Expense Interest Expense 5,500 Rent Expense 5,000 Depreciation Expense Equipment $ 198,000 $ 198,000 Total