1) From the following data, make the following adjustments, and complete the worksheet for the
month.
(a) Depreciation Expense is $250.
(b) Supplies available $250, supplies on hand $75.
(c) Prepaid Insurance balance $400, $100 has expired.
(d) Wages for the 5-day work-week are $500, the month ended on a Wednesday.
DR CR DR CR DR CR DR CR DR CR

Cash 750
Accts.
Receivable 400
Supplies 250
Prepaid Ins. 400
Equipment 7,000
Accts.
Payable 900
Capital 7,100
Fees Earned 900
Wages
Expense 100
Totals 8,900 8,900