The trial balance for Dons Repair Service appears in Figure 4.28. Adjustment Data to Update Trial Balance

Question:

The trial balance for Don’s Repair Service appears in Figure 4.28.

Adjustment Data to Update Trial Balance
a. Insurance expired, $400.
b. Repair supplies on hand, $2,900.
c. Depreciation on repair equipment, $350.
d. Wages earned but unpaid, $300.

Your task is to:

1. Complete a worksheet for Don’s Repair Service for the month of September.
2. Prepare an income statement for September, a statement of owner’s equity for September, and a balance sheet as of September 30, 201X.

Figure 4.28:

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