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A.M. Vegas started a business called Blazinsevens . The following is the Trial Balance as of December 31 on the first year of operations. Using

A.M. Vegas started a business called Blazinsevens. The following is the Trial Balance as of December 31 on the first year of operations. Using this information, please complete the remainder of the attached worksheet.

  • Office supplies inventory as of December 31, $190.
  • Unexpired insurance as of December 31, $700
  • Depreciation of delivery equipment, $450.
  • Wages earned but not paid as of December 31, $225.

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Blazinsevens Worksheet For the month ended December 31, 2000 Unadjusted Adjusted Income Balance Sheet/ Owner's Equity Credi Debit t Trial Balance Adjustments Credi Debit t Trial Balance Credi Debit t Statement Credi Debit t Credit Debit 2090 4100 400 900 8000 0 Account Titles Cash Accounts Receivable Office Supplies Prepaid Insurance Delivery Equipment Accum. Depreciation Accounts Payable Wages Payable A.M.Vegas, Capital A.M.Vegas, Drawing Service Revenue Wages Expense Advertising Expense Telephone Expense Supplies Expense Insurance Expense Depreciation Expense 3575 0 7000 430 6600 900 175 180 0 0 0 1717 5 1717 5 Net Income

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