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The unadjusted trial balance of Big Construction company on December 31, 2020, contained the attached accounts at the end of the company's calendar year 5 Inventory taken on 12/31/2020 was $42.000 Depreciation on equipment was $9,000 Unpaid accrued salaries were $2.800 Unexpired rent amounted to $2,500 Supplies on hand were $1,800 Accrued Sales revenue on 12/31/2020 was $3,400 Expired Insurance amounted to $2,000 Interest on the company's notes receivable at year-end amounted to $400 Unearned rent revenue earned at year-end amounted to $4,500 7 Instructions: Journalize the above adjusting entries. Complete the worksheet using the above year-end information. Prepare a multiple-step income statement fior Big Construction Company as of December 31, 2020. Prepare an owner's equity statement for Big Construction Company as of December 31 2020 Prepaire a classified balance sheet for Big Construction Company as of December 31, 2020 Journalize the closing entries. G CONSTRUCTION COMPANY nadited Balance ACESTMENTS AND 0001 1540 2001230 Olot FRAROT 100 wo 122500 Owner Drawing 2100 4750 Rol 2100 100 De ISICOLO ol 1010 thesd Alones Purchases ont OE TALGO TRO 0260 12200 Luis fupense Advertising pense ZOO TELOO 0001 interest Revenue Sant Revue Totais CHCEM 05 DO 2.OC ROO ESTMESSEN MONSES TO ROO TIROTO 206 ERO 00 40 214100 2400 200

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