Using the following information to answer Questions $6-10.$

Very Good Building Co$.$ is an architectural service firm that uses the accrual basis of accounting and operates on a calendar year end. After all transactions are recorded for the month of December, but before any adjustments are made, the unadjusted balances are as follows:

ASSETS $=$

LIABILITIES $+$ STOCKHOLDERS' EQUITY

Cash Prepaid Insurance Supplies Equipment Accounts Payable Unearned Revenue Notes Payable Common Stock Retained Earnings

Unadjusted Balance, Dec. $31$

$2,600$

$2,400$

$1,200$

$3,600$

$800$

$2,100$

$1,600$

$500$

$4,800$

Good Building Co$.$ must make adjustments on December $31,2023$ due to the following information:

a$)$ Depreciation on the machine amounted to $$60$ for the month

b$)$ Architectural services performed but unbilled as of December $31,2023$ amounted to $$7,900$

c$)$ Employees will be paid on January $15,2024.$ Accrued salaries at December $31,2023$ are $$2,500$

d$)$ $$600$ of prepaid insurance expired

e$)$ A physical inventory conducted on December $31,2023$ revealed that Very Good Building Co$.$ had $$300$ of supplies on hand.

f$)$ $$1,500$ of unearned revenue were earnedQuestion $8$

After all adjustments have been made, compute the amount of total assets that will be

reported on the Balance Sheet dated December $31,2023.$

Question $9$

After all adjustments have been made, compute the amount of total liabilities that will be

reported on the Balance Sheet dated December $31,2023.$

Question $10$

After all adjustments have been made, compute Retained Earnings that will be reported on

the Balance Sheet dated December $31,2023.$