1 Number Account Title ACE CONSTRUCTION COMPANY Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Unadjusted Trial Balance June 30 Debit Credit $15,500 7,500 5,000 142,698 101 Cash 12.5 126 Supplies 128 Prepaid insurance points 168 Equipment Accumulated depreciation-Equipment 201 Accounts payable 203 210 wages payable 213 251 Interest payable Rent payable Property taxes payable Long-term notes payable V. Ace, Capital 21,000 78,900 302 V. Ace, withdrawals 34,500 403 Construction revenue 147,000 612 Depreciation expense-Equipment 621 Wages expense 41,000 633 Interest expense 2,310 637 Insurance expense 640 Rent expense 13,000 Supplies expense Property taxes expense 4,800 684 Repairs expense 2,200 Utilities expense Totals $274,600 $274,600 Adjustments: a. Supplies available at the end of the current fiscal year total $2,700. b. Cost of expired Insurance for the current fiscal year is $3,780. c. Annual depreciation on equipment is $8,700. d. June utilities expense of $510 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $510 amount owed must be recorded. e. Employees have earned $1,900 of accrued and unpaid wages at fiscal year-end. f. Rent expense incurred and not yet paid or recorded at fiscal year-end is $400. 9. Additional property taxes of $700 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end. h. $210 of accrued interest for June has not yet been paid or recorded. Required: 1. Prepare a 10-column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional Information. 28. Prepare the adjusting entries (all dated June 30). 2b. Prepare the closing entries (all dated June 30) 3a. Prepare the income statement for the year ended June 30. 3b. Prepare the statement of owner's equity for the year ended June 30. 3c. Prepare the classified balance sheet at June 30. Answer is not complete.