ces 1. Use the following information to complete the Adjustments and Adjusted Trial Balance columns...
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ces 1. Use the following information to complete the Adjustments and Adjusted Trial Balance columns of the work sheet. a. Depreciation on equipment, $20 b. Accrued salaries, $23 c. The $29 of unearned revenue has been earned d. Supplies available at December 31, $100 e. Expired insurance, $32 2. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns, including net income. Account Title Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned revenue YRE FRE Unadjusted Trial Balance $ Debit 106 63 126 52 73 $ Credit 49 23 29 WESTCOTT COMPANY Work Sheet For Year Ended December 31 Credit Income Statement Debit Credit Balance Sheat and Statement of Owner's Equity Debit Credit
1. Use the following information to complete the Adjustments and Adfusted Triat Balance columins of the work sheet. aeprectation on equpment, $20 b. Akcrued salaries $23 c. The 529 of unearned revenue has been earned d Supplies available at Decenber 31,$100 e. Expred insurance, 532 2. Extend the balances in tie Adjusted Tral Balance columns of the work sheet to the proper financial statemeat columins Compuite totals for those columas, including net income
ces 1. Use the following information to complete the Adjustments and Adjusted Trial Balance columns of the work sheet. a. Depreciation on equipment, $20 b. Accrued salaries, $23 c. The $29 of unearned revenue has been earned d. Supplies available at December 31, $100 e. Expired insurance, $32 2. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns, including net income. Account Title Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned revenue YRE FRE Unadjusted Trial Balance $ Debit 106 63 126 52 73 $ Credit 49 23 29 WESTCOTT COMPANY Work Sheet For Year Ended December 31 Credit Income Statement Debit Credit Balance Sheat and Statement of Owner's Equity Debit Credit


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