Balance Sheet Unadjusted Adjusted Income Owner's Trial Balance Adjustments Trial Balance Statement Equity Credi Credi Debi Debit | Q Credit / Debit t Debit + + Credit / { Debit | Credit 1037 1037 Cash 10375 5 5 Prepaid b ) Insurance 1000 200 800 800 Supplies 225 2 ) 50 175 175 1500 1500 Automobile 15000 C ) Accum. Depr. 1000 1000 2000 2000 Franki Valley . 1800 1800 Capital 18000 O Franki Valley Drawing 400 400 400 commission 8000 8000 8000 anuandy Depreciation C ) expense O 1000 1000 1000 Supplies expense O 2 ) 50 50 50 Insurance B ) expense O 200 200 200 2800 2800 2675 2000 27000 27000 1250 1250 O 1250 8000 O net income 6750 6750 2675 2675 8000 8000 O