ACOSTA CO. Unadjusted Trial Balance December 31, 2019 Account Title Cash Accounts Receivable Supplies Automobiles Debit Credit 50,000 10,000 8,000 160,000 Accumulated Depreciation - Autos 55,000 Accounts payable 15,000 Unearned fees 22,000 Salaries payable P. Kleen, Capital 55,000 B. Kleen. Withdrawals 45,000 Fees earned 275,400 Salary expense 125,000 Rent expense 24,400 Advertising expense Supplies expense Depreciation expense Totals 422,400 422,400 As above is the unadjusted trial balance for ACOSTA CO. Assumes the following adjustments data have been done since December, 2019 (a) Salaries earned by employees that are unpaid and unrecorded, $4,000. (b) An inventory of supplies showed $3,000 of unused supplies still on hand. (c) Depreciation on automobiles, $30,000. (d) Services paid in advance by customers of $12,000 have now been provided to customers. (e) Advertising for November and December in the amount of $8,000 remains unpaid and unrecorded. You are required to prepare the following in worksheet format. 1. prepare following requirements in the worksheet: 1. Prepare adjustments II. Adjusted Trail balance III. Income Statement IV. Balance sheet (Financial Position) Statement 2. Calculate the current ratio from Balance sheet Account Cash. Supplies Equipment. Accumulated Depreciation- Equipment Accounts payable..... Salaries payable. E. Pace, Capital.. E. Pace, Withdrawals Fees earned. Salary expense. Rent expense. Supplies expense..... Depreciation expense Totals. Net profit Totals Unadjusted Trial Balance Debit Adjustments Adjusted Trial Balance Credit Debit Credit Debit Credit Income Statement Balance Sheet Debit Credit Debit Credit