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1. Use the following information to complete the Adjustments and Adjusted Trial Balance columns of the work sheet. a. Depreciation on equipment, $18 b. Accrued

1. Use the following information to complete the Adjustments and Adjusted Trial Balance columns of the work sheet. a. Depreciation on equipment, $18 b. Accrued salaries, $21 c. The $27 of unearned revenue has been earned d. Supplies available at December 31, $90 e. Expired insurance, $30 2. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns, including net income. Account Title Cash Accounts receivable. Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable. Salaries payable Unearned revenue W. Westcott. Capital WESTCOTT COMPANY Check my work Work Sheet For Year Ended December 31 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet & State Owner's Equity Debit Credit Debit Credit Debit Credit Debit Credit Debit $ 96 57 114 48 69 $ 45 21 27 162 Pray 8 of 10 Next >

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