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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,
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
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