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Problem 1. 20e folo wing accounts were taken from the Adjusted Trial Balance columns of the work shet for April 30 1. The following accounts were tak 2009 for Finnegan Co.: Accumulated Depreciation Fees Earned Depreciation Expense Rent Expense Prepaid Insurance Supplies Supplies Expense $ 32,000 78,000 7,250 34,000 6,000 400 1,800 Prepare an income statement. Determine the missing amount for each of the following Assets 2. Owner's Equity $16,000 $34,000 ties $13,000 $55,000 $39,000 $ 17,000 3. Indicate whether each of the following represents an asset, liability, or owner's equity: (a) accounts payable (b) wages expense (c) capital (d) accounts receivable (e) withdrawal (f) land 4. Selected accounts from the ledger of Garrison Company appear below. For each account, indicate the following: In the first column at the right, indicate the nature of each account, using the following abbreviations: (a) Asset -A Liability - L None of the above- N Revenue -R Expense -E (b) In the second column, indicate the increase side of each account by inserting Dr. or Account Type of Account Increase Side (1) Supplies (2) Notes Receivable (3) Fees Earned (4) Garrison, Drawing (5) Accounts Payable (6) Salaries Expense (7) Garrison, Capital (8) Accounts Receivable (9) Equipment (10) Notes Payable