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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does 1 40 points 4 \begin{tabular}{|c|c|c|c|c|c|} \hline \multirow[t]{2}{*}{16} & December 31 & Supplies expense & & 4700 & \\ \hline & & Supplies & & & 4700 \\ \hline \multirow[t]{3}{*}{17} & December 31 & Wages expense & 0 & 6700 & \\ \hline & & Wages payable & C & & 6700 \\ \hline & & 1 & & & \\ \hline \multirow[t]{2}{*}{18} & December 31 & Accounts recelvable & & 1,540 & \\ \hline & & Services revenue & 8 & & 1,5400 \\ \hline e & & & & 4 & \\ \hline \multirow[t]{3}{*}{19} & Decomber 31 & Services revenue & 0 & & \\ \hline & +1 & Retained earnings & & & \\ \hline & + & & & & \\ \hline \multirow[t]{6}{*}{20} & December 31 & Income summary & & 3,318 & \\ \hline & & Rent expense & 0 & & 1,2800 \\ \hline & & Wages expense & 0 & & 670 \\ \hline & & Insurance expense & 0 & & 3700 \\ \hline & x2= & Supplies expense & 0 & 1 & 8700 \\ \hline & +2 & Depreciation expense - Equipment & & & 1280 \\ \hline \multirow[t]{3}{*}{21} & December 31 & Services revenue & & 2,680 & \\ \hline & & Rental revenue & & 740 & \\ \hline & & Income summary & & & 3,420 \\ \hline \end{tabular} Income Statement \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Balance Sheet } \\ \hline \multicolumn{5}{|c|}{ December 31} \\ \hline \multicolumn{5}{|c|}{ ASSETS } \\ \hline \multicolumn{5}{|l|}{ Current assets } \\ \hline Cash & 0) & 26,860 & & \\ \hline Prepaid insurance & 0+ & 4,070 & & \\ \hline Supplies & 0 & 2,170 & & \\ \hline Services revenue & x6 & 3,340 & & \\ \hline & & 0 & & \\ \hline Total current assets & & & s & 36,440 \\ \hline \multicolumn{5}{|l|}{ Plant assets } \\ \hline Equipment & & 7,680 & & \\ \hline Accumulated depreciation - Equipment & 8 & (128) & & \\ \hline Equipment, net & & & & 7,552 \\ \hline Total assets & & & s & 43,992 \\ \hline \multicolumn{5}{|c|}{ LLABILITIES } \\ \hline \multicolumn{5}{|l|}{ Current liabilitios } \\ \hline Unearned rovenue & 0% & 1,880 & \multicolumn{2}{|c|}{. } \\ \hline Accumulated depreciation - Equipmiont & 8 & 128 & \multicolumn{2}{|c|}{x2} \\ \hline Wages payable & e9 & 670 & \\ \hline & & 0 & & \\ \hline Total liabilitios & & & \multicolumn{2}{|r|}{2,678} \\ \hline \multicolumn{5}{|c|}{ EQUITY } \\ \hline Common stock & OS & 34,000 & & + \\ \hline \begin{tabular}{|l} Retained eamings \\ \end{tabular} & 2 & 19,992 & & \\ \hline Total equity & & & & 53,992 \\ \hline Total liabilities and equity & & & $ & 56,670 \\ \hline \end{tabular} The unadjusted or adjusted balances will appear for each account, based on your will only display ending balance.) Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does 1 40 points 4 \begin{tabular}{|c|c|c|c|c|c|} \hline \multirow[t]{2}{*}{16} & December 31 & Supplies expense & & 4700 & \\ \hline & & Supplies & & & 4700 \\ \hline \multirow[t]{3}{*}{17} & December 31 & Wages expense & 0 & 6700 & \\ \hline & & Wages payable & C & & 6700 \\ \hline & & 1 & & & \\ \hline \multirow[t]{2}{*}{18} & December 31 & Accounts recelvable & & 1,540 & \\ \hline & & Services revenue & 8 & & 1,5400 \\ \hline e & & & & 4 & \\ \hline \multirow[t]{3}{*}{19} & Decomber 31 & Services revenue & 0 & & \\ \hline & +1 & Retained earnings & & & \\ \hline & + & & & & \\ \hline \multirow[t]{6}{*}{20} & December 31 & Income summary & & 3,318 & \\ \hline & & Rent expense & 0 & & 1,2800 \\ \hline & & Wages expense & 0 & & 670 \\ \hline & & Insurance expense & 0 & & 3700 \\ \hline & x2= & Supplies expense & 0 & 1 & 8700 \\ \hline & +2 & Depreciation expense - Equipment & & & 1280 \\ \hline \multirow[t]{3}{*}{21} & December 31 & Services revenue & & 2,680 & \\ \hline & & Rental revenue & & 740 & \\ \hline & & Income summary & & & 3,420 \\ \hline \end{tabular} Income Statement \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Balance Sheet } \\ \hline \multicolumn{5}{|c|}{ December 31} \\ \hline \multicolumn{5}{|c|}{ ASSETS } \\ \hline \multicolumn{5}{|l|}{ Current assets } \\ \hline Cash & 0) & 26,860 & & \\ \hline Prepaid insurance & 0+ & 4,070 & & \\ \hline Supplies & 0 & 2,170 & & \\ \hline Services revenue & x6 & 3,340 & & \\ \hline & & 0 & & \\ \hline Total current assets & & & s & 36,440 \\ \hline \multicolumn{5}{|l|}{ Plant assets } \\ \hline Equipment & & 7,680 & & \\ \hline Accumulated depreciation - Equipment & 8 & (128) & & \\ \hline Equipment, net & & & & 7,552 \\ \hline Total assets & & & s & 43,992 \\ \hline \multicolumn{5}{|c|}{ LLABILITIES } \\ \hline \multicolumn{5}{|l|}{ Current liabilitios } \\ \hline Unearned rovenue & 0% & 1,880 & \multicolumn{2}{|c|}{. } \\ \hline Accumulated depreciation - Equipmiont & 8 & 128 & \multicolumn{2}{|c|}{x2} \\ \hline Wages payable & e9 & 670 & \\ \hline & & 0 & & \\ \hline Total liabilitios & & & \multicolumn{2}{|r|}{2,678} \\ \hline \multicolumn{5}{|c|}{ EQUITY } \\ \hline Common stock & OS & 34,000 & & + \\ \hline \begin{tabular}{|l} Retained eamings \\ \end{tabular} & 2 & 19,992 & & \\ \hline Total equity & & & & 53,992 \\ \hline Total liabilities and equity & & & $ & 56,670 \\ \hline \end{tabular} The unadjusted or adjusted balances will appear for each account, based on your will only display ending balance.)

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