1. Use the following information to complete the Adjustments and Adjusted Trial Balance columns of the work sheet.

Depreciation on equipment, $3

Accrued salaries, $6

The $12 of unearned revenue has been earned

Supplies available at December 31, $15

Expired insurance, $15

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.