NOTE: Please remember to answer the analyze question at the bottom!

NOTE: Please remember to answer the analyze question at the bottom!

The Green Thumb Gardener is a retail store that sells plants, soil, and decorative pots. On December 31, 2019, the firm's general ledger contained the accounts and balances that appear below. ACCOUNTS AND BALANCES Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Advertising Store Equipment Accumulated Depreciation-Store Equipment Office Equipment Accumulated Depreciation-Office Equipment Accounts Payable Social Security Tax Payable Medicare Tax Payable Federal Unemployment Tax Payable State Unemployment Tax Payable Salaries Payable Beth Argo, Capital Beth Argo, Drawing Sales Sales Returns and Allowances Purchases Purchases Returns and Allowances Rent Expense Telephone Expense Salaries Expense Payroll Taxes Expense Income Summary Supplies Expense Advertising Expense Depreciation Expense-Store Equipment Depreciation Expense-Office Equipment Uncollectible Accounts Expense $ 5,600 Dr 2,500 Dr. 51 Cr 11,200 Dr 1,190 Dr. 900 Dr. 8,040 Dr. 1,490 Cr. 1,540 Dr 270 Cr. 2,615 Cr 420 Cr. 87 Cr. 24,899 Cr. 19,900 Dr. 89,548 Cr 1,090 Dr 46,100 Dr. 420 Cr. 5,900 Dr 580 Dr 14,000 Dr. 1,260 Dr. ADJUSTMENTS a.-b. Merchandise inventory on December 31, 2019, is $12,221 C. During 2019, the firm had net credit sales of $34,000; the firm estimates that 0.7 percent of these sales will result in uncollectible accounts. d. On December 31, 2019, an inventory of the supplies showed that items costing $270 were on hand. e. On October 1, 2019, the firm signed a six-month advertising contract for $900 with a local newspaper and paid the full amount in advance life of five years and a salvage value of $590. life of five years and a salvage value of $190 percent) on the entire $1,820 of accrued wages. percent) on the entire $1,820 of accrued wages. f. On January 2, 2018, the firm purchased store equipment for $8,040. At that time, the equipment was estimated to have a useful g. On January 2, 2018, the firm purchased office equipment for $1,540. At that time, the equipment was estimated to have a useful h. On December 31, 2019, the firm owed salaries of $1,820 that will not be paid until 2020. i. On December 31, 2019, the firm owed the employer's social security tax (assume 6.2 percent) and Medicare tax (assume 1.45 .On December 31, 2019, the firm owed federal unemployment tax (assume 0.6 percent) and state unemployment tax (assume 5.4 Required 1. Prepare the Trial Balance section of a 10-column worksheet. The worksheet covers the year ended December 31, 2019. 2. Enter the adjustments above in the Adjustments section of the worksheet. 3. Complete the worksheet. Analyze: By what amount were the assets of the business affected by adjustments? The Green Thumb Gardener Worksheet Year Ended December 31, 2019 Adjustments Debit Trial Balance Income Statement Adjusted Trial Balance Credit Balance Sheet Account Name Debit Credit Credit Debit Debit Credit Debit Credit Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Advertising Store Equipment Accumulated Depreciation-Store Equipment Office Equipment Accumulated Depreciation-Office Equipment Accounts Payable Social Security Tax Payable Medicare Tax Payable Federal Unemployment Tax Payable State Unemployment Tax Payable Salaries Payable Beth Argo, Capita Beth Argo, Drawing Sales Sales Returns and Allowances Purchases Purchases Retums and Allowances Rent Expense Telephone Expense Salaries Expense Payroll Taxes Expense Income Summary Supplies Expense Advertising Expense Depreciation Expense-Store Equipment Depreciation Expense-Office Equipment Uncollectible Accounts Expense Totals Net Income 0.00S 0.00 S 0.00 S 0.00S 0.00 S 0.00 S 0.00 0.00S 0.00 S 0 0.00 S 0.00 S 0.00 S 0.00 WorksheetAnalyze By what amount were the assets of the business affected by adjustments? by Total assets