Question: a. Prepare a 12-column work sheet for the year ended December 31, 2018. You need not include account numbers or explanations of adjustments. b. Prepare

 a. Prepare a 12-column work sheet for the year ended December

a. Prepare a 12-column work sheet for the year ended December 31, 2018. You need not include account numbers or explanations of adjustments.

b. Prepare adjusting journal entries.

c. Prepare closing journal entries.

The following trial balance and additional data are for Sure Sale Realty Company: SURE SALE REALTY COMPANY Trial Balance December 31, 2018 Credits Debits $ 62,800 117,120 46,080 173,760 Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Equipment Accounts Payable Capital Stock Retained Earnings, January 1, 2018 Dividends Commissions Revenue Salaries Expense Travel Expense Miscellaneous Expense $ 21,120 62,400 96,000 49,920 46,080 653,200 321,600 96,480 18,720 $ 882,640 S 882,640 Additional data 1. The prepaid rent is for the period July 1, 2018, to March 31, 2019. 2. The equipment has an expected life of 10 years with no salvage value 3. Accrued salaries are $14,760. 4. Travel expenses accrued but unreimbursed to sales staff at December 31 were $19,380. III Required a. Prepare a 12-column work sheet for the year ended December 31, 2018. You need not include account numbers or explanations of adjustments. b. Prepare adjusting journal entries. c. Prepare closing journal entries

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