1.	Unexpired insurance at year-end is $1,800.
2.	A year-end inventory of supplies shows a balance of $3,800.
3.	Depreciation has not yet been taken.
	a. Furniture and Equipment at 20% declining balance method
	b. Automobile at 30% declining balance method
	The bank loan is due in 2 years.
	calculate adjustments, income statement and balance sheet			showing columns for debits and credits

Service Company		Worksheet
ACCOUNTS	TRIAL BALANCE
	DEBIT	CREDIT
Bank	18,744.00
Accounts Receivable	7,500.00
Supplies	5,000.00
Prepaid Insurance	2,400.00
Furniture and Equipment	23,000.00
Accum. Depreciation		9,000.00
Automobile	30,000.00
Accum. Depreciation		22,150.00
Accounts Payable		4,700.00
Bank Loan		6,921.00
A. Service, Capital		14,678.00
A. Service, Drawings	11,250.00
Revenue		65,000.00
Bank Charges	360.00
Car Expense	2,150.00
Interest Expense	250.00
Miscellaneous Expense	680.00
Telephone Expense	2,415.00
Wages Expense	18,700.00
	122,449.00	122,449.00