The unadjusted trial balance of Giambi Investment Advisers at December 31, 2014, follows:

Adjustment data at December 31, 2014:
a. Unearned Revenue earned during the year, $ 400.
b. Office Supplies on hand, $ 5,000.
c. Depreciation for the year, $ 4,000.
d. Accrued Salaries Expense, $ 2,000.
e. Accrued Service Revenue, $ 3,000.

Requirements
1. Prepare a worksheet for Giambi Investment Advisers at December 31, 2014.
2. Prepare the income statement, the statement of retained earnings, and the classified balance sheet in account format.
3. Prepare closing journalentries.

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GIAMBI INVESTMENT ADVISERS Unadjusted Trlal Balance December 31, 2014 Balance Account Title Cash Accounts Receivable Office Supplies Equipment Debit 28,000 50,000 Credit 8,000 26,000 s 16,000 14,000 Accounts Payable Salaries Payable Unearned Revenue Notes Payable (long-tem) Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Supplies Expense Interest Expense Rent Expense Depreciation Expense Equipment Total 1.000 44.000 30,000 10,000 50,000 97,000 4,000 32,000 7,000 7,000 212,000 212,000