1. You have been hired to correct the following trial balance that was improperly recorded. All the accounts have normal balances. Prepare a corrected trial balance in good form and select the correct balance. Gudas Com Company Trial Balance April 30, 2022 Debit Credit Cash 1,200 Accounts Receivable 600 Equipment 2,000 Accounts Payable 700 K. Gudas, Capital 3,000 K. Gudas, Withdrawals 100 Service Fees 1,000 Rent Expense 200 Salaries Expense 600 Totals 5,700 3,700 A. 4,700 B. 3,700 C. 5,700 D. 10,000 2. From the following data complete the worksheet for the month and give your balance sheet balance. Adjustments Adjusted TB Income Stmt. DR CR Balance Sheet DR CR DR CR Trial Balance DR CR DR CR Cash 500 Accounts Receivable 325 Supplies 800 350 Prepaid Insurance 660 220 Equipment 6,500 Acc. Depreciation 500 275 Accts. Payable 720 Salaries Pavable 300 Capital 6,615 Fees Earned 1,200 Wages Expense 250 300 Supplies Expense 350 Depreciation Expense 275 Insurance Expense Totals 220 9,035 9,035 1,145 1,145 A. 2,000 B. 8,410 C. 1,395 D. 2,500 1. Anne's Lawn Service depreciation for the month is $800. The adjusting journal entry is A) Equipment 800 Accumulated Depreciation 800 B) Depreciation Expense 800 Accumulated Depreciation 800 C) Depreciation Expense 800 Equipment 800 D) Accumulated Depreciation 800 Depreciation Expense 800 A B C D 2. Prepaid Advertising appeared as $2,400 on the trial balance and as $2,200 on the adjusted trial balance. The proper adjusting journal entry to reflect the change must have been A) Prepaid Advertising 200 Cash 200 B) Cash 200 Prepaid Advertising 200 C) Advertising Expense 200 Cash 200 D) Advertising Expense 200 Prepaid Advertising 200 A B C D