From the following trial balance (Figure 4.20 ) and adjustment data, complete a worksheet for J. Tren as of May 31, 201X:

1. Depreciation expense, store equipment, $4.

2. Insurance expired, $9.

3. Store supplies on hand, $1.

4. Wages owed but not paid for (they are an expense in the old year), $6.

Transcribed Image Text:

J. TREN TRIAL BALANCE MAY 31, 201X Account Titles Dr. Cr. Cash 13 00 Accounts Receivable 8 00 Prepaid Insurance Store Supplies 1200 300 Store Equipment 15 00 Accumulated Depreciation, Store Equipment Accounts Payable 5 00 900 J. Tren, Capital 2000 J. Tren, Withdrawals 5 00 Revenue from Clients 3200 Rent Expense 200 Wage Expense 8 00 Totals 66 00 66 00