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Saved 1. Use the following information to complete the Adjustments and Adjusted Trial Balance columns of the work sheet a. Depreciation on equipment, $20 b. Accrued salaries $23 c. The $29 of unearned revenue has been earned d Supplies available at December 31, $100 e Expired insurance, $32 2. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns Compu totals for those columns, including net income 2. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns Compute totals for those columns, including net income WESTCOTT COMPANY Work Sheet For Year Ended December 31 Balance Sheet & Statement of Owner's Equity Adjustments Unadjusted Trial Balance Adjusted Trial Balance Income Statement Account Title Credit Debit Debit Credit Debit Credit Debit Credit Credit Debit 5 106 63 125 52 73 5 49 23 29 178 Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation Equipment Accounts payable Suures payable Unearned revenue w Westcott Capital W Westcott Withdrawals Services Depreciation expense Equipment Salates expense Insurance expense Supplies ponse Uutis pene Totals Net Income Total 40 245 35 29 5245 5 524