2. Use the following adjustment information to complete the Adjustments columns of the work sheet.

1. Depreciation on equipment, $20
2. Accrued salaries, $23
3. The $29 of unearned revenue has been earned
4. Supplies available at December 31, $100
5. Expired insurance, $32 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.

3.

Unaujusteu mal Balance Adjustments Aujusieu Trial Balance Income Statement Adjustmente Daianice II of Reta Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. $ 106 63 126 52 73 $ 49 23 Cash Accounts receivable Supplies Prepaid insurance Equipment Accum. depreciation-Equip. Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends Services revenue Depreciation expense-Equip Salaries expense Insurance expense Supplies expense Utilities expense Totals Net income 29 112 66 40 245 35 29 524 $ $ 524 $ 0 $ 0 $ 0 $ 0 0 0 nadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet and Statement of Retained Earnings Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. 106 63 126 52 73 $ 49 23 29 112 66 40 245 35 29 524 $ 524 $ 0 $ 0 $ 0 $ 0 0 0 0 0