2. Use the following adjustment information to complete the Adjustments columns of the work sheet a. Depreciation on equipment, $23 b. Accrued salaries, $26 c. The $32 of unearned revenue has been earned d. Supplies available at December 31, $115 e. Expired insurance $35 3. 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. WESTCOTT COMPANY Partial Work Sheet For the year onded December Adjusted Adjustments Trial Balance Dr Ce Dr. Cr Unadjusted that Balance Income Statement br CE $ 121 72 at 58 79 Account The Cash Accounts receivable Supplies Propaid in Equipment Acum depreciation Equip Accounts payable Solares payable Uneared revenue Common stock Retained earnings 5 55 20 32 112 72 Partial Work Sheet For the year ended December 31 Adjusted Adjustments Trial Balance Unadjusted Trial Balance Income Statement Or Cr Dr. Cr De Cr $ 121 72 144 58 79 $ 55 26 32 112 Account Title Cash Accounts receivable Supplies Prepaid insurance Equipment Accum depreciation Equip Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends Revenue Depreciation expense-Equip. Salaries expense Insurance expense Supplies expense Utilities expense Totals Net income Totals 72 28 275 38 32 5725 $ 572 Partial Work Sheet For the year ended December 31 Adjusted Adjustments Trial Balance Income Statement Balance Sheet Dr. Cr. Dr. Cr. 2