GL0403 (Algo) - Based on Problem 4-2A LO C1, P1, P2

The unadjusted trial balance for Wright Construction Company at its June 30 current fiscal year-end, is found on the trial balance tab. The credit balance of the K. Wright, Capital account was $72,000 on June 30 of the prior year, and the owner invested $50,000 cash during the current fiscal year. Information for adjustments is as follows:

1. Supplies available at the end of the current fiscal year total $3,500.
2. Cost of expired insurance for the current fiscal year is $2,600.
3. Annual depreciation on equipment is $30,600.
4. June utilities expense of $1,350 is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $1,350 amount owed must be recorded.
5. Employees have earned $5,400 of accrued and unpaid wages at fiscal year-end.
6. Rent expense incurred and not yet paid or recorded at fiscal year-end is $2,800.
7. Additional property taxes of $1,800 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end.
8. $700 accrued interest for June has not yet been paid or recorded.

WRIGHT CONSTRUCTION COMPANY
Trial Balance
June 30, 2021
Account Title	Debit	Credit
Cash	124,150
Supplies	3,500
Prepaid insurance	5,200
Equipment	153,000
Accumulated depreciation - Equipment		91,800
Accounts payable		13,150
Interest payable		700
Rent payable		2,800
Wages payable		5,400
Property taxes payable		1,800
Long-term notes payable		70,000
K. Wright, Capital		122,000
K. Wright, Withdrawals	25,000
Construction revenue		174,000
Depreciation expense - Equipment	30,600
Wages expense	57,400
Interest expense	8,400
Insurance expense	2,600
Rent expense	33,600
Supplies expense	7,000
Property taxes expense	12,600
Repairs expense	3,750
Utilities expense	14,850
Total	481,650	481,650

I need an Income statement, Balance Sheet and Post Closing.