1. The adjusted trial balance columns of the worksheet for Good Company are as follows. GOOD COMPANY Worksheet (partial) For the month ended April 30, 2018 Income Statement Debit Credit Financial Position Debit Credit Account Titles Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Notes Payable Accounts Payable Go, Capital Go, Drawings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Interest Payable Totals Adjusted Trial Balance Debit Credit 13,752 7,840 2,280 23,050 4,921 5,700 5,672 30,960 3,650 15,590 10,840 760 671 57 57 P62,900 P62,900 2. Selected worksheet data for Nicholson Company are presented below. Adjustments Debit Credit Trial Balance Debit Credit ? 26,000 7,000 12,000 Account Titles Accounts Receivable Prepaid Insurance Supplies Accumulated, Depreciation Salaries Payable Service Revenue Insurance Expense Depreciation Expense Supplies Expense Salaries Expense Adjusted Trial balance 34,000 20,000 ? ? 5,000 97,000 ? 10,000 5,000 49,000 88,000