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As the bookkeeper of Mayforth Art Gallery, use the information that follows to prepare: 1. 2. A worksheet for the month of April. An income
As the bookkeeper of Mayforth Art Gallery, use the information that follows to prepare: 1. 2. A worksheet for the month of April. An income statement, a statement of owner's equity, and a balance sheet for April. Use the current year Journalize the adjusting entries. 3. Adjustment Data a. b. C. , One quarter of the prepaid insurance has expired. Art supplies on hand at the end of the month, $650. Depreciation on equipment, $349. Wages earned but unpaid amounted to 54 hours at $13.50 per hour at month-end. Maryforth Art Gallery Trial Balance April 30, 201_ Credit Debit 10,825.00 1,475.00 6,500.00 2,190.00 3,760.00 Cash Accounts Receivable Prepaid Insurance Art Supplies Equipment Accumulated Depreciation Equipment Accounts Payable C. Mayforth, Capital C. Mayforth, Withdrawals Fees Earned Rent Expense Utilities Expense Wages Expense Totals 2,095.00 5,130.00 6,859.00 1,025.00 14.115.00 850.00 444.00 1.130.00 27.069.00 27.069.00
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