16) Please refer to the following partially completed worksheet: Trial Belance Adjustments Adjusted Tri Balance Account Title Cash Dr. o Or a Dr. 07 07 $1,200 $1,700 Balance Sheet 11.202 Acc 800 1.900 6.300 Supplies 100 540 20 $.500 20 Eqsmen 7,500 7.500 Accumulated depreciation $7,000 240 Accounts payable 1.200 1.200 Salary payable 3,200 500 800 100 Unearned revenue 600 600 Capital 13.100 12,100 13,100 9 0 Drawing 0 Sarvice reven 25,000 3,000 27,000 $27,000 Salary ne 24,000 100 24.100 24.100 Supples expense 3.300 00 2.390 7.390 Depreciation 1,800 240 1.840 1.840 841,700 $41.700 $2,500 $2.500 144,120 $15.290 $27,000 $28,400 $44,130 $17330 How much was the Net income or Net loss? A) Net income of $1,400 B) Net income of $27,000 C) Net loss of $1,400 D) Net loss of $28,400 17) On the worksheet, which of the following accounts would appear in the income statement credit column? A) Service revenue B) Prepaid insurance C) Unearned service revenue D) Depreciation expense 18) Which of the following accounts would appear in the balance sheet debit column? A) Unearned service revenue B) Accumulated depreciation C) Service revenue D) Prepaid insurance 19) Which of the following accounts would appear in the income statement debit column? A) Uneamed service revenue B) Service revenue C) Depreciation expense D) Prepaid insurance 20) Which of the following does NOT appear on the worksheet? A) Closing entries B) Adjusted balances C) Net income D) Adjusting entries