Please prepare:

- Adjusting entries

- Adjusted trial balance

- Income statement

- Statement owners equity

- Balance sheet

- Closing entries

Last line "It has been correctly recorded"

Credit $36,960 48,125 7,500 CARLA VISTA RIDGE PLUMBING Trial Balance October 31, 2021 Debit Cash $35,000 Supplies 6,000 Equipment 123,200 Accumulated depreciation equipment Vehicles 110,000 Accumulated depreciation-vehicles Accounts payable Notes payable H. Burke, capital H. Burke, drawings 37,000 Service revenue Repairs expense 28,000 Insurance expense 9,500 Interest expense 3,400 Rent expense 22.000 Salaries expense 44,000 $418,100 55,200 69,315 201,000 $418,100 Additional information: 1. 2. 3. The equipment has an expected useful life of 10 years. The vehicles' expected useful life is eight years. A physical count showed $2,000 of supplies on hand at October 31, 2021. Accrued salaries payable at October 31, 2021, were $2,650. Interest on the 6.0% note payable is payable at the end of each month and $10,400 of the principal must be paid on December 31 each year. Interest payments are up to date as at September 30, 2021. The owner, H. Burke, invested $2,200 cash in the business on December 28, 2020. (Note: This has been correctly rec 4. 5