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Question 3. Complete the worksheet below (10 marks)

Dodgem Driving School
Work Sheet
For the year ended 30 June 2016
ACCOUNT TITLE	TRIAL BALANCE		ADJUSTMENTS		ADJUSTED TRIAL BALANCE		INCOME STATEMENT		BALANCE SHEET
	DEBIT	CREDIT	DEBIT	CREDIT	DEBIT	CREDIT	DEBIT	CREDIT	DEBIT	CREDIT
Cash at Bank	95 000
Accounts Receivable	22 000
Prepaid Insurance	6 000			2 000
Motor Vehicles	130 000
Accum. Depr. MV		12 000		18 000
Accounts Payable		11 000
Wages Payable		2 000		6 000
Unearned Revenue		18 000	12 000
Dodgem, Capital		170 000
Dodgem, Drawings	45 000
Service Revenue		120 000		12 000
Wages Expense	18 000		6 000
Rent Expense	14 000
Insurance Expense	3 000		2 000
Depr. Expense MV			18 000
	333 000	333 000	38 000	38 000

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