Answer full question. GeneralGeneralIncomeBalanceStatementChanges inSERequirementTrial BalanceAnalysisJournalLedgerStatementSheetof CFThe ending balance values from the General Ledger tab flows through to the Trial Balance below. The unadjusted, adjusted,or post-closing balances will appear for each account, based on your selection. Year 2018 represents Year 3 from the problemstatement.AdjustedPacillo Security Services, Inc.Trial BalanceDecember 31, 2021Account TitleDebitCredit$8,900CashAccounts receivable1,50065SuppliesPrepaid rent8004,000Land1,050Accounts payable1,200Salaries payable200Unearned revenue2,000Notes payable8,000Common stock2,815Retained earnings$15,265 $15,265Total The trial balance of Pacilio Security Services, Inc. as of January 1, Year 3, had the following normal balances:$8,9001,50065800CashAccounts ReceivableSuppliesPrepaid RentLandAccounts PayableUnearned RevenueSalaries PayableNotes PayableCommon StockRetained Earningsoped4,0001,0502001,2002,0008,0002,815During Year 3, Pacilio Security Services experienced the following transactions:1. Paid the salaries payable from Year 2.2. Paid the balance of $2,000 on the debt owed to the SmalI Business Government Agency. The loan is interest-free.3. Performed $32,000 of security services for numerous local events during the year; $21,000 was on account and $11,000 was forcash.4. On May 1, paid $3,000 for 12 months' rent in advance.5. Purchased supplies on account for $70o.6. Paid salaries expense for the year of $9,000.7. Incurred other operating expenses on acdount, $4,200.8. On October 1, Year 3, a customer paid $1,200 for services to be provided over the next 12 months.9. Collected $19,000 of accounts receivable during the year.10. Paid $5,950 on accounts payable.11. Paid $1,800 of advertising expenses for the year.12. Paid a cash dividend to the shareholders of $4,650.13. The market value of the land was determined to be $5,500 at December 31, Year 3.Adjustments14. There was $120 of supplies on hand at the end of the year.15. Recognized the expired rent.16. Recognized the earned revenue from Year 2 and transaction no. 8.17. Accrued salaries were $1,000 at December 31, Year 3.

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Requirement Trial Balance Statement Analysis Journal Ledger SE Sheet of CF The ending balance values from the General Ledger tab flows through to the Trial Balance below. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Year 2018 represents Year 3 from the problem statement. Adjusted Pacilio Security Services, Inc. Trial Balance December 31, 2021 Account Title Debit Credit 8,900 1,500 Cash Accounts receivable 65 Supplies

Requirement Trial Balance Statement Analysis Journal Ledger SE Sheet of CF The ending balance values from the General Ledger tab flows through to the Trial Balance below. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Year 2018 represents Year 3 from the problem statement. Adjusted Pacilio Security Services, Inc. Trial Balance December 31, 2021 Account Title Debit Credit 8,900 1,500 Cash Accounts receivable 65 Supplies

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter16: Accounting For Accounts Receivable

Section: Chapter Questions

Problem 8SPB: UNCOLLECTIBLE ACCOUNTSALLOWANCE METHOD Lewis Warehouse used the allowance method to record the...

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