(Solved by Humans)-Problem 4-12A Ten-Column Work Sheet and Closing Entries (Appendix) The unadjusted trial balance...

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Problem 4-12A Ten-Column Work Sheet and Closing Entries (Appendix) The unadjusted trial balance for Forever Green Landscaping on August 31, 2014, follows. Forever Green Landscaping Unadjusted Trial Balance August 31, 2014 Debit              Credit Cash $    6,460   Accounts Receivable 23,400 Supplies on Hand 1,260 Prepaid Insurance 3,675 Equipment 28,800 Accumulated  Depreciation—Equipment     $    9,200 Buildings 72,000     Accumulated   Depreciation—Buildings     16,800 Accounts Payable     10,500 Notes Payable     10,000 Capital Stock     40,000 Retained Earnings     42,100 Service Revenue     14,200 Advertising Expense 1,200     Gasoline and Oil Expense 1,775     Wage and Salary Expense 4,230     Totals $142,800   $142,800                 Alternate Multi-Concept Problems                                                                                           215   Required 1.        Enter the unadjusted trial balance in the first two columns of a ten-column work sheet. 2.        Enter the necessary adjustments in the appropriate columns of the work sheet for each of the following: a.      A count of the supplies on hand at the end of August reveals a balance of $730. b.      The company paid $4,200 in cash on May 1, 2014, for a two-year insurance policy. c.       The equipment has a four-year estimated useful life and no salvage value. d.      The buildings have an estimated useful life of 30 years and no salvage value. e.       The company leases space in its building to another company. The agreement requires the tenant to pay Forever Green $700 on the 10th of each month for the previous month’s rent. f.       Wages and salaries earned by employees at the end of August but not yet paid amount to $3,320. g.       The company signed a six-month promissory note on August 1, 2014. Interest at an an- nual rate of 12% and the principal amount of $10,000 are due on February 1, 2015. 3.        Complete the remaining columns of the work sheet. 4.        Assume that Forever Green closes its books at the end of each month before preparing finan- cial statements. Prepare the necessary closing entries at August 31, 2014.