Adjustments and Work Sheet Showing a Net Loss Instructions Worksheet Instructions 14 wayes Expense 15 Advertising Expense 16 Rent Expense 17 Supplies Expense 18 Phone Expense 19 Insurance Expense 20 Repair Expense 21 Oil and Gas Expense 22 Depreciation Expense-Automobile 23 Required: 1. Analyze the following adjustments and enter them on the work sheet. (a) Supplies inventory as of October 31, $210. (b) Unexpired (remaining) insurance as of October 31, $800. (c) Depreciation of automobile, $250. (d) Wages earned but not paid as of October 31, $175. 2. Complete the work sheet. 1,000.00 420.00 1,050.00 255.00 270.00 80.00 $14,400.00 $14,400.00

Required: 1. Analyze the following adjustments and enter them on the work shoot. (a) Supplies inventory as of October 31, \$210. (b) Unexpirod (romaining) insurance as or October 31,$800. (c) Depreciation of automobile, $250. (d) Wages eamed but not paid as of October 31,$175 2. Complete the work sheot. Val Nolan started a business called Nolan's Home Appraisals. The trial balance as of October 31, after the first month of operations, is shown: Instructions: \begin{tabular}{|c|c|c|c|c|c|} \hline ADJUSTEDTRIALBALANCE & ADJUSTEDTRINLBALANCE & INCOMESTATEMENT & INCOMESTATEMENT & BALANCE SHEET & BALANCESHEET \\ \hline DEBIT & CREDIT & DEBIT & CREDIT & DEBIT & CREDIT \\ \hline & & & & & \\ \hline & & & & \\ \hline \end{tabular}