Review View Help less you need to edit, it's safer to stay in Protected View. Enable Editing Financial Statements Name Beach Blanket Eats Trial Balance December 31 Account name Debit Credit Cash $ 9000 Accounts Receivable 5300 800 Office Supplies Equipment 22000 Accumulated Depreciation Equipment $ 2000 Delivery Truck 10000 Accumulated Depreciation, Delivery Truck 1000 Accounts payable 13500 Wages payable 2000 Long term note payable 21500 Owner, Capital 1850 Owner, Withdrawals 2200 Revenue 25705 Utilities Expense 4200 Advertising expense 8150 Salaries expense 400 Full expense 450 Food Expense 5055 Totals $ 67,555 $.67555 Beach Blanket Eats is an organic and gluten free restaurant known to serve the best burgers and salads in Beebe. The company lost their accountant last month and has asked you, the new lid on the block accountant to make the necessary adjustments and prepare the financial statements in order to get an expansion loan. You will need to add additional sheets for the financials. Be sure to use good form Additional information a An inventory of offce supplies showed $500 of office supplies remained in the supply doset b. Depreciation on the equipment is $200 per month c. Depreciation on the delivery truck is $300 per month d. Simply Starving Eats completed a catering job for 1600 that has not been biled or recorded. e. Simply Starving Eats received a $50 bill for utilities that has not been recorded. f The owner purchased a big screen smart television costing S450.00 for his apartment and wrote a company check Purple Burpee Services, Inc. Adjusted Trial Balance December 31 Account name Debit Credit Cash $ 25,000 Accounts receivable 14,000 Office supplies 1,700 Airplanes 120,000 Accumulated depreciation - Airplane $ 40,000 Accounts payable 31,300 Purple, Capital 71,900 Purple. Withdrawals 40,000 Fees eamed 150 000 Rent expense 11,000 Office supplies expense 2,000 Utilities expense 2,500 Depreciation Expense -- Airplanes Salary expense 50,000 Fuel expense 12,000 Totals: $293.200 S293,200 Purple Burpee Services, Inc. has hired you as their senior accountant. The company must complete year-end functions in order to begin recording its business transactions for the new accounting period. Prepare the year-end closing entries The new balance in the Purple Capital account at the end of the accounting period is 15,000 a exam 1 (1) - Protected View - Saved U LIIS Review View gs Help Enable Editing Unless you need to edit, it's safer to stay in Protected View. Adjusting Entries Beach Blanket Eats PR Debits Credits Date Description you need to edit, it's safer to stay in Protected View. Enable Editing Ledger Accounts Beach Blanket Eats Cash Accounts Receivable Office Supplies - nless you need to edit, it's safer to stay in Protected View. Enable Editing Closing Entries Purple Burpee Services Date Description PR Debits Credits