The following data are taken from the unadjusted trial balance of the Westcott Company at December 31.
1. Use the following information to complete the Adjustments columns of the work sheet.

a. Depreciation on equipment, $3

b. Accrued salaries, $6

c. The $12 of unearned revenue has been earned

d. Supplies available at December 31, $15

e. Expired insurance, $15. 

2. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns, including net income.

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Account Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends Services revenue Depreciation expense-Equipment Salaries expense Insurance expense Supplies expense Utilities expense Totals Net income Totals Unadjusted Trial Balance Cr. Dr. 21 12 24 18 600 39 6 18 12 150 15 56 12 10 32 75 150 Adjustments Dr. Cr. Income Statement Adjusted Trial Balance Dr. Cr. Dr. Cr. Balance Sheet Dr. Cr.