From the following trial balance and additional data, complete a worksheet for Jim's Hardware:

Additional Data

1. Physical count of inventory on December 31, $615

2. Insurance expired, $150

3. Depreciation expense on store equipment, $60

4. Accrued wages, $90

Transcribed Image Text:

JIM'S HARDWARE TRIAL BALANCE DECEMBER 31, 2018 Dr. Cr. 78600 115200 60000 Cash Accounts Receivable Merchandise Inventory Prepaid Insurance 68400 Store Equipment 216000 66000 516 00 Accumulated Depreciation, Store Equipment Accounts Payable Jim Spool, Capital 163200 Sales 11 04000 546 00 216 00 4986 00 1716 00 79200 Sales Returns and Allowances Sales Discounts Cost of Goods Sold Wages Expense Rent Expense Telephone Expense 114 00 Miscellaneous Expense 9600 1384800 1384800