Consider the unadjusted trial balance of Burrows Landscaping at December 31, 2017, and the related month-end adjustment data:

The following adjustments need to be made before the financial statements for the year can be prepared:
a. Accrued landscaping design revenue at December 31, $8,500.
b. One month of the prepaid rent had been used. The unadjusted prepaid balance of $9,000 relates to the four-month period December 1, 2017, through March 31, 2018.
c. Supplies remaining on hand at December 31, $900.
d. Amortization on equipment for the month of December. The equipment's expected useful life is 10 years; it will have no value at the end of its useful life, and the straight-line method of amortization is used.
e. Accrued salaries expense at December 31 should be for two days only. The five-day weekly payroll is $10,000.
Required
1. Sketch T-accounts in your notes to calculate the new balances. Prepare the adjusted trial balance of Burrows Landscaping at December 31, 2017.
2. Prepare the income statement (record expenses from largest to smallest on the income statement) and the statement of owner's equity for the year ended December 31, 2017, and the balance sheet at December 31, 2017. Draw the arrows linking the three financial statements, or write a short description of how they are linked.

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BURROWS LANDSCAPING Unadjusted Trial Balance December 31, 2017 $24,500 22,000 9,000 5,500 66,000 Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated amortization-equipment Accounts payable Salaries payable A. Burrows, capital A. Burrows, withdrawals Landscaping design revenue Salaries expense Rent expense Utilities expense Amortization expense equipment Supplies expense Total $ 12,650 7,200 122,700 25,000 126,000 82,000 22,500 6,000 6,050 $268,550 $268,550