At the end of the fiscal year, the trial balance of ABC Corporation appeared as shown below.

ABC Corporation Trial Balance March 31, 2010

Cash 4,500

Accounts Receivable 3,200

Supplies 2,000

Equipment 11,000

Accumulated DepreciationEquipment

1,250 Accounts Payable

2,500 Unearned Service Revenue

550 Owners Capital

12,900 Owners Drawings 1,100

Service Revenue

6,300 Salaries and Wages Expense 1,300

Miscellaneous Expense 400

23,500 23,500

Other data A physical count reveals only $480 of roofing supplies on hand Depreciation for March is $280. Unearned revenue amounted to $260 at March 31. Accrued salaries are $700. Accured Salaries and Wages are 1100. Instructions Journalize the adjusting entries Complete the worksheet. Prepare an income statement and owner's equity statement for the month of March and a classified balance sheet at March 31. Journalize the closing entries from the financial statement columns of the worksheet.