Update the trial balance for Hill’s Moving Co. (Figure 4.27) for October 31, 202X. Adjustment Data to Update Trial Balance
A. Insurance expired, $550.
B. Moving supplies on hand, $800.
C. Depreciation on moving truck, $550.
D. Wages earned but unpaid, $300.

Your task is to:
1. Complete a worksheet for Hill’s Moving Co. for the month of October.
2. Prepare an income statement for October, a statement of owner’s equity for October, and a balance sheet as of October 31, 202X.

Transcribed Image Text:

Cash Prepaid Insurance Moving Supplies Moving Truck Revenue from Moving Wages Expense Rent Expense HILL'S MOVING CO. TRIAL BALANCE OCTOBER 31, 202X Accumulated Depreciation, Moving Truck Accounts Payable K. Hill, Capital K. Hill, Withdrawals Advertising Expense Totals Account Titles Dr. 6101010100 To 2400000 100000 1800000 150000 371200 72000 62900 3396100 Cr. 6100000000 276 800 1639 300 880000 33 96 100