ACC 111 Project 1B The adjustment data as of September 30, 2016, the end of the fiscal year, for Diaz Company were as follows: a. b. C. d. e. Merchandise Inventory taken on September 30 was $65,200. The depreciation on the Delivery Truck for the month amounted to $740. The depreciation on the Forklift for the month amounted to $830. A physical count shows that Office Supplies used totaled $1,200. Insurance on hand at the end of September was $1,510. Accrued salaries on September 30 amounted to $1,900. Unearned Sales Revenue earned at the end of September was $12,900. Accrued interest on notes receivable, $360. Accrued interest on notes payable, $150. Unexpired office rent amounted to $6,160. f. g. h. i. j. Diaz Company Work Sheet Unadjusted Trial Balance Debit Credit For the Year Ended September 30, 2016 Adjustments Adjusted Trial Balance Debit Credit Debit Credit Income Statement Debit Credit Balance Sheet Debit Credit ACCOUNT NAME Cash $8,600 X Notes Receivable 160,000 X x= x X Accounts Receivable 16,400 X x X Interest Receivable 2,900 X X X Merchandise Inventory, 9/30/15 55,200 Prepaid Insurance 3,800 Prepaid Office Rent 18,000 Office Supplies 2,900 X Land 90,000 LX Forklift 27,500 X Accumulated Depreciation, Forklift $2,500 Delivery Truck 38,500 X Accumulated Depreciation, Delivery Truck 5,100 Accounts Payable 12,100 Salaries Payable 1,200 Unearned Sales Revenue 22,000 X X Notes Payable (Due 2040) 131,500 x 1 C. Diaz, Capital 164,400 x x x X X c. Diaz, Drawings 9,650 X Sales Revenue 168,500 X x Sales Returns & Allowances 2,450 x x Sales Discounts 1,500 x Purchases 45,000 x Purchases Returns & Allowances x 4,200 X x = X X 1,800 F Purchases Discounts X x Freight-in 6,300 x X Salaries Expense 16,500 Office Rent Expense 6,600 X X x Utilities Expense 4,500 Utilities Expense 4,500 X Interest Expense 4,000 Interest Revenue 7,000 TOTALS $520,300 $520,300 x X K x x