A) enter trial balance on worksheet and complete worksheet

B)prepare income statement and retained earning statement for the quarter and classified balance sheet on March 31

C) journalist the adjusted entries from the adjusted columns of the worksheet

D) journalist closing entries from the financial statement columns of the worksheet

Problem ar Inc. began operations as a catering service on January 1 trial balance columns of the work sheet on March 31 2010 are as follows: Star Inc. Work Sheet For the Quarter Ended March 31, 2010 Trial Balance Account Titles Cr 12,400 2,620 1,250 2,000 32,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Notes Payable Accounts Payable Common Stock Dividends Service Revenue Salaries Expense Travel Expense Rent Expense 10,000 12,350 20,000 600 13,620 3,200 900 1,000 55,970 55,970 Other data: 1. Supplies on hand is $500. 2. Depreciation is $250 per quarter 3. Interest accrued on a note payable, issued January 1, $400. 4. Insurance expires at the rate of $180 per quarter 5. $1,750 Services pro vided but unbilled at March 31, 2010