CARS I.D. ACC 200 Test 1-4 Use the attached working papers to complete the following activities: Problem 1 Instructions: 1. Complete the ten-column work sheet. Data needed to determine the necessary adjusting entries are as follows: .. Supplies inventory as of October 31 is $210. Unexpired insurance as of October 31 is $800. c. Depreciation on automobile is $250. 4. Wages earned but not paid as of October 31, $175. 2. Prepare an income statement, a retained earnings statement, and a balance sheet. 2. On the basis of the data in the work sheet, journalize just the closing entries. Heritage Compliny Worksheet For Month Ended Oct 31, 2019 ADJUSTMENTS DEBIT CREDIT ADJUSTED TE DEBIT CREDIT INCOME STATEMENT DEBIT CREDIT CREDIT BALANCE SHEET DEBIT CREDIT TRIAL BALANCE DEBIT 3.200 10,500 1,800 1,350 50,000 136.500 ACCOUNT TITLE Cash Accounts recievable Prepaid Insurance Supplies Land Building Accumulated depreciation Auto Accumulated depreciation Accounts payable Wages payable Uneamed rent Capital Stock Retained Earnings Dividends 30,700 92,700 36,300 6,500 3,000 50,000 162.500 10,000 191.000 Fees revenue Rent revenue Salaries and wages expense Advertising expense Utilities expense Repairs expense Miscellaneous expense Depreciation expense - bldg Depreciation expense - auto Insurance expense Supplies expense 96,200 63,200 18,000 12,500 4,050 500,000 500,000 Net Income Loss