After taking inventory on April 30, $3,600 of Office supplies are on still on hand.

The computer equipment has a 3-year life with an $11,400 salvage value. Softworks uses a straight-line depreciation method.

On April 3, Softworks paid $3,504 for a 24-month insurance policy. Coverage began on April 1. This account shows a balance of $3,504 in the April 30 trial balance.

Softworks pays their employees on the 1st and 15th of each month. There is $1,300 of wages owed as of April 30.

Calon 11 Copy Wrap Text General Format Painter BIU A. & Merge & Center - $ - %, 40 .00 .000 Condition Formatting board Font Alignment Number URITY WARNING Application add-ins have been disabled. Enable Content D F H K Bc E G points ddition to those accounts listed on the trial balance, the chart of accounts for Softworks also tains the following accounts: Accumulated Depreciation - Equipment: Wages wable: Depreciation expense; Insurance expense; and Office supplies expense. ner data: 1 After taking inventory on April 30, $3,600 of Office supplies are on still on hand. 2 The computer equipment has a 3-year life with an $11,400 salvage value. Softworks uses a straight-line depree 3 On April 3, Softworks paid $3,504 for a 24-month insurance policy. Coverage began on April 1. This accounts 4 Softworks pays their employees on the 1" and 15th of each month. There is $1,300 of wages owed as of April 3 Required Using the unadjusted trial balance on the next page: 1. Prepare the adjusting entries for the month of April. Con labeled sheet) ** 2. Prepare the adjusted trial balance (on labeled sheet) *** 3. Prepare closing entries (on labeled sheet) ** There are T-accounts available to update after adjusting entries if needed *** The adjusted trial balance is formatted with new accounts, however the existing Calon 11 Copy Wrap Text General Format Painter BIU A. & Merge & Center - $ - %, 40 .00 .000 Condition Formatting board Font Alignment Number URITY WARNING Application add-ins have been disabled. Enable Content D F H K Bc E G points ddition to those accounts listed on the trial balance, the chart of accounts for Softworks also tains the following accounts: Accumulated Depreciation - Equipment: Wages wable: Depreciation expense; Insurance expense; and Office supplies expense. ner data: 1 After taking inventory on April 30, $3,600 of Office supplies are on still on hand. 2 The computer equipment has a 3-year life with an $11,400 salvage value. Softworks uses a straight-line depree 3 On April 3, Softworks paid $3,504 for a 24-month insurance policy. Coverage began on April 1. This accounts 4 Softworks pays their employees on the 1" and 15th of each month. There is $1,300 of wages owed as of April 3 Required Using the unadjusted trial balance on the next page: 1. Prepare the adjusting entries for the month of April. Con labeled sheet) ** 2. Prepare the adjusted trial balance (on labeled sheet) *** 3. Prepare closing entries (on labeled sheet) ** There are T-accounts available to update after adjusting entries if needed *** The adjusted trial balance is formatted with new accounts, however the existing