Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Martinez Corporation is provided below. Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue Service Revenue Rent Revenue Rent Expense Retained Earnings Supplies Expense Debit $75,500 27,350 13,730 221,310 94,740 3,740 1.460 Credit $55,120 119,390 23,820 191.150 6,450 64.270

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business…