Unadjusted account balances at December 31, 2009, for Rapisarda Company at the top of the next page.

The following data are not yet recorded:

a. Depreciation on the equipment is $25,000.

b. Unrecorded wages owed at December 31, 2009: $2,000.

c. Prepaid rent at December 31, 2009: $10,000.

d. Income tax rate: 30 percent.

Required:

Prepare a completed worksheet for RapisardaCompany.

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Account Titles Debit Credit $ 2,000 33,000 26,000 211,000 Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation, Equipment Other Assets Accounts Payable Note Payable (due in 10 years) Common Stock Retained Earnings, 12/31/2008 Service Revenue Rent Expense Wages Expense Interest Expense $75,000 24,000 12,000 40,000 100,000 11,000 243,000 84,000 97,000 4,000 $481,000 Totals $481,000