Using the information in Problem 3-9B, complete the following:
In problem 3-9B

1. Set up balance column accounts for Hallmark Surveying Services and enter the balances listed In the unadjusted trial balance.
2. Post the adjusting entries prepared in Problem 3-9B to the balance column accounts.
3. Prepare an adjusted trial balance.
4. Use the adjusted trial balance to prepare an income statement, a statement of changes in equity, and a balance sheet. Assume that the owner, Ben Hallmark, made owner investments of $4,000 during the month.
Analysis Component: At December 31, 2014, how much of the business's assets are financed by the owner? by debt? Assuming total assets at the end of the previous month totalled $84,200, did equity financing increase or decrease during December? Generally speaking, is this a favourable or unfavourable change?

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Hallmark Surveying Services Unadjusted Trial Balance December 31, 2014 Account Debit Credit 101 Cash 106 Accounts receivable 126 Supplies 128 Prepaid advertising,280 131 Prepaid rent 167 Surveying equipmenteccrcn S 15,600 29,200 17880 58,000 7,348 13,800 surveying equipment 201 Accounts payableaarmaseatcnn.. 203 Interest payable.... 210 Wages payable 233 Unearned surveying feesea 251 Notes payable 301 Ben Hallmark capital 302 Ben Hallmark, withdrawals.ua 36,000 28,652 24,300 170,948 601 Depreciation expense, surveying equipment 622 Salaries expense 623 Wages expense 633 Interest expense 637 Insurance expense 640 Rent expense. 650 Supplies expense. 65S Advertising expense 671 Gas and oil expense... 684 Repairs expense 690 Utilities expense 39,726 2,958 6,564 12,400 $271,548 S271548