(Work Sheet Preparation) The trial balance of R. L. Stein Roofing at March 31, 2005, is as follows.

Other data:
1. A physical count reveals only $520 of roofing supplies on hand.
2. Equipment is depreciated at a rate of $120 per month.
3. Unearned service revenue amounted to $100 on March 31.
4. Accrued salaries are $850.
Instructions Enter the trial balance on a work sheet and complete the work sheet, assuming that the adjustments relate only to the month of March. (Ignore income taxes.)

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Cash Accounts Receivable Roofing Supplies R. L. STEIN ROOFING TRIAL BALANCE MARCH 31, 2005 Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Service Revenue Salaries Expense Miscellaneous Expense Debit Credit $ 2,300 2,600 1,100 6,000 $ 1,200 1,100 300 6,400 600 3,000 500 100 $12,600 $12,600