Cadenza Company
Trial Balance
December 31, 2020
	Dr.	Cr.
Cash	5,254
Petty Cash	210
Accounts Receivable	2,538
Merchandise Inventory	4,972
Prepaid Rent	662
Office Supplies	922
Office Equipment	9,250
Accumulated Depreciation, Office Equipment		7,400
Accounts Payable		6,050
K. Cadenza, Capital		5,428
K. Cadenza, Withdrawals	5,200
Sales		53,083
Sales Returns and Allowances	105
Sales Discounts	2,400
Cost of Goods Sold	29,533
Office Salaries Expense	7,304
Insurance Expense	2,300
Advertising Expense	775
Utilities Expense	536
Totals	71,961	71,961

Additional Data

a.		Physical count of inventory on December 31, $ 4 comma 815$4,815
b.		Office supplies used up, $ 170$170
c.		Rent expired, $ 175$175
d.		Depreciation expense on office equipment, $ 650$650
e.		Office salaries earned but not paid, $ 270

Complete the worsheet one section at a time, beginning with the Adjustments columns. Enter the adjustments using the corresponding letter references a. through e. For the Income Statement and Balance Sheet columns, remember to include the net income or loss after the totals and then total the columns again. (If a box is not used in the worksheet, leave the box empty; do enter a zero. Abbreviations used: Acc. = Accumulated; Allow. = Allowances; Depr. = Depreciation; Equip. = Equipment; Exp. = Expense; Stmt. = Statement; TB = Trial Balance.)

		Cadenza's Company
		Worksheet
		For Year Ended December 31, 2020
		Trial Balance		Adjustments
	Account	Dr.	Cr.		Dr.		Cr.
	Cash	5,254
	Petty Cash	210
	Accounts Receivable	2,538
	Merchandise Inventory	4,972
	Prepaid Rent	662
	Office Supplies	922
	Office Equipment	9,250
	Acc. Depr., Office Equip.		7,400
	Accounts Payable		6,050
	K. Cadenza, Capital		5,428
	K. Cadenza, Withdrawals	5,200
	Sales		53,083
	Sales Returns and Allow.	105
	Sales Discounts	2,400
	Cost of Goods Sold	29,533
	Office Salaries Expense	7,304
	Insurance Expense	2,300
	Advertising Expense	775
	Utilities Expense	536
		71,961	71,961
	Office Supplies Expense
	Rent Expense
	Depr. Exp., Office Equip.
	Office Salaries Payable
	Totals
	Net Income/Loss
	Totals