Cash PHAROAH CYCLE REPAIR SHOP Trial Balance January 31, 2021 Debit C $3,600 Accounts receivable 7,430 Prepaid insurance 6,420 Supplies 5,240 Land 57.000 Building 190,000 Accumulated depreciation-building Equipment 27,000 Accumulated depreciation-equipment Accounts payable Unearned revenue Mortgage payable H.Dude, capital H. Dude, drawings 94,100 Service revenue Salaries expense 115,300 Utilities expense 12,000 Interest expense 5,810 $523,900 $52 Additional information: 1. The 12-month insurance policy was purchased on Ju 2. A physical count of supplies shows $1,310 on hand a 3. The building has an estimated useful life of 50 years. 4. The mortgage payable has a 6% interest rate. Intere! 5. By January 31, 2021, $1,300 of services related to ti 6. During the next fiscal year, $4,500 of the mortgage Done better thanded LV1 ng PHAROAH CYCLE REPAIR SHOP Trial Balance January 31, 2021 Debit Credit $3600 ints receivable 7,430 id insurance 6,420 5,240 57,000 190,000 nulated depreciation-building $11,000 ment 27,000 nulated depreciation equipment 4,500 ints payable 6,600 "ned revenue 22.750 age payable 182,400 de, capital 61,000 de, drawings 94.100 e revenue 235,650 es expense 115,300 es expense 12,000 Ist expense 5,810 $523,900 $523.900 Additional information: d on June 1, 2020. hand on January 31, 2021. O years. The equipment has an estimated useful life of 9 Interest is paid on the first day of each month for the pr ted to the unearned revenue have been provided. tgage payable is to be paid. PHAROAH CYCLE REPAIR SHOP Trial Balance January 31, 2021 Debit Credit $3,600 ints receivable 7,430 id insurance 6,420 les 5,240 57,000 190,000 nulated depreciation-building $11,000 ment 27,000 nulated depreciation-equipment 4,500 ints payable 6,600 ned revenue 22,750 age payable 182,400 de, capital 61,000 de, drawings 94,100 e revenue 235,650 es expense 115,300 es expense 12,000 st expense 5,810 $523,900 $523,900 Additional information: 021. has an estimated useful life of 9 years. first day of each month for the previous month's interes enue have been provided. vaid. Prepare a work sheet for the year ended January 31, 2021. (Round answers to decimal places, e.g. 5,275.) Income Statement Debit Credit