Module 4 (Chapter 4) Assignment Part 1 & 2 Ed8 W V2 Viola Desmond Theatre Services year end adjusted trial Balance for October 31 follows: Viola Desmond Theatre Services Adjusted Trial Balance October 31, 2022 Acct. No. 101 Cash 106 Accounts Receivable 119 Prepaid Rent 161 Machine 162 Accumulated Depreciation, Machine 171 Van Debit Credit $52,000 56,000 7,800 60,310 $34,500 78,500 172 Accumulated Depreciation, Van 12,800 191 Trademark 47,750 201 Accounts Payable 25,000 233 Uneamed Theatre Fees Revenue 16,700 301 Viola Desmond, Capital 320,000 302 Viola Desmond, Drawings 84,000 401 Theatre Fees Revenue 409 Interest Revenue 601 Depreciation Expense, Machine 602 Depreciation Expense, Van 622 Wages Expense 640 Rent Expense 650 Equipment Repair Expense 166,060 3,460 22,860 12,850 62,700 62,300 31,450 Totals $578,520 $578,520 Instructions: 1 Prepare a Classified Balance Sheet from the information on the adjusted trial balance above. Use the Module 4 Data Entry form provided in the Learn Assessment Dropbox. (Part 1) 2 Prepare the closing entries from the information on the adjusted trial balance above. Use the Data Entry form provided. (Part 2) Note: There are marks for formating such as $ at the begining of new columns/ final totals and single and double underlines Refer to illustration 4.18 One mark will be deducted for each account that does not belong on the Balance Sheet