Question: could solve this please, i dont have time left B The unadjusted trial balance of Newport Inn Company at December 31, 2016, and the date

 could solve this please, i dont have time left B Thecould solve this please, i dont have time left
unadjusted trial balance of Newport Inn Company at December 31, 2016, and

B The unadjusted trial balance of Newport Inn Company at December 31, 2016, and the date 5 needed for the adjustments follow. Adjustment data at December 31 follow: a As of December 31, Newport had $600 of Prepaid Insurance remaining. b. At the end of the month, Newport had $700 of office supplies remaining. c. Depreciation on the building is $3.500. d. Newport pays its employees weekly on Friday. Its employees earn $1.500 for a five-day workweek. December 31 falls on Wednesday this year. e.On November 20, Newport contracted to perform services for a client receiving $2.500 in advance. Newport recorded this receipt of cash as Unearned Revenue. As of December 31, Newport has $1,500 still unearned. REQUIREMENTS A) Post the transactions from the unadjusted trial balance to the accounts in the ledger. B) Record adjusting entries in the general journal and post the accounts in the ledger. C) Prepare a adjusted trial balance, income statement, statement of owner's equity and balance sheet. D) Record closing entries in the general journal and post the accounts in the ledger. Newport Inn Company Unadjusted Trial Balance December 31, 2016 $ Account Title Cash Accounts Receivable Prepaid Insurance Balance Debit Credit 11900 13900 3500 Office Supplies 1100 Building 515000 Accumulated Depreciation-Building Accounts Payable Unearned Revenue Capital Withdrawals Service Revenue 350000 4500 2500 175620 2170 18200 Salaries Expense 2500 Advertising Expense TOTAL 750 550820 550820

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