College Accounting: P3-65A Peachtree Apartments, Inc.'s unadjusted and adjusted trial

College Accounting 
P3-65A Analyzing and recording adjustments 
Peachtree Apartments, Inc.'s unadjusted and adjusted trial balances at April 30, 20X6, follow. 
Peachtree Apartments, Inc. 
Adjusted Trial Balance 
April 30, 20X6 
Account Trial Balance Adjusted Trial Balance 
Debit Credit Debit Credit 
Cash 8,900 8,900 
Accounts receivable 5,900 6,810 
Interest receivable 200 
Note receivable 4,400 4,400 
Supplies 1,800 600 
Prepaid Insurance 2,300 600 
Building 70,000 70,000 
Accumulated depreciation 7,400 8,800 
Accounts payable 6,700 6,700 
Wages payable 1,000 
Unearned rental revenue 2,100 1,600 
Share capital 17,000 17,000 
Retained earnings 40,000 40,000 
Dividends 3,300 3,300 
Rental revenue 25,100 26,510 
Interest revenue 400 600 
Depreciation expense 1,400 
Supplies expense 1,200 
Utilities expense 400 400 
Wage expense 1,300 2,300 
Property tax expense 400 400 
Insurance expense 1,700 
Total $98,700 $98,700 $102,210 $102,210 

Requirements: 
1. Make the adjusting entries that account for the differences between the two trial balances. 
2. Compute Peachtree's total assets, total liabilities, total equity and net income.
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