Problem 4-ZA Preparing a work sheet, adjusting and closing entries, and financial statements LO C3, P1, P2 The following unadjusted trial balance is for Ace Construction Co. as of the end of its 2019 fiscal year. The June 30, 2018, credit balance of the owner's capital account was $59,400, and the owner invested $26,000 cash in the company during the 2019 fiscal year. ACE CONSTRUCTION CO. Unadjusted Trial Balance June 30, 2019 No. Account Title Debit Credit 101 Cash $ 17,500 126 Supplies 8,000 128 Prepaid insurance 6,000 167 Equipment 142,380 168 Accumulated depreciation Equipment $ 28,000 201 Accounts payable 5,200 203 Interest payable 0 208 Rent payable 0 210 Wages payable 0 213 Property taxes payable 0 251 Long-term notes payable 22,000 301 V. Ace, Capital 85,400 302 V. Ace, Withdrawals 28,000 401 Construction fee earned 140.000 612 Depreciation expense-Equipment 0 623 Wages expense 50,000 633 Interest expense 2,420 637 Insurance expense 0 640 Rent expense 15,000 652 Supplies expense 0 683 Property taxes expense 4,900 684 Repaire expense 2,000 690 Utilities expense 4,400 Totals $280, 600 $280.600