Balance Sheet DR CR 3 Worksheet 4 For Month Ended 3/31/16 5 B Cash 7 Accounts Receivable 8 Allowance for Uncoll. Accts 9 Roofing Supplies 10 Equipment 11 Accumulated Depr. Equip. 12 Accounts Payable 13 Unearned Revenue 34 Terry Tines, Capital 5 Terry Tines, Drawing 16 Service Revenue 17 Salaries Expense 18 Miscellaneous Expense 19 Totals 20 Supplies Expense 21 Depreciation Expense 22 Salaries Payable 23 Bad Debts Expense 24 Totals 25 Net Income 26 27 28 29 Adjustment Information Trial Balance DR CR 2,500 1.800 300 1.400 6,000 1,200 1,400 300 7,000 600 3,000 700 200 13,200 13,200 Adjustments Adjusted Trial Balance Income Statement DR CR DR CR DR CR 2,500 1,800 150 450 1,260 140 6,000 200 1,400 1,400 100 400 7,000 600 100 3,100 350 350 200 1,260 200 350 150 2,060 1,260 200 350 150 13,550 2,060 13,750 Lean G H 15 Terry Tines, Drawing 600 600 16 Service Revenue 3,000 100 17 Salaries Expense 3,100 700 350 350 18 Miscellaneous Expense 200 200 19 Totals 13,200 13,200 20 Supplies Expense 1,260 1,260 21 Depreciation Expense 200 200 22 Salaries Payable 350 350 23 Bad Debts Expense 150 150 24 Totals 2,060 2,060 13,550 13,750 25 Net Income 26 27 28 29 Adjustment Information 30 1. Roofing Supplies on hand on March 31 total $140. 31 2. Depreciation on the equipment for March is $200. 32 3. Some of the unearned revenue ($100) has now been earned. 33 4. Employees have earned salaries in the amount of $350 that have not been paid yet. 34 5. The company estimates that 5% of revenue will become uncollectible. Debit Bad Debts Expense, 35 credit Allowance for Uncollectible Accoun Include the effect of adjustment 3 in your calculation, 36 37