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Chapter 4 Saved 1. & 2. The following data are taken from the unadjusted trial balance of the Westcott Company at December 31, 2017 Complete

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Chapter 4 Saved 1. & 2. The following data are taken from the unadjusted trial balance of the Westcott Company at December 31, 2017 Complete the work sheet following adjustment. (Enter their balances in the correct Debit or Credit column) Use the following adjustment information to complete the work sheet a. Depreciation on equipment, $9 b. Accrued salaries, $15 c. The $18 of unearned revenue has been earned d. Supplies available at December 31, 2017, $14 e. Expired insurance, $14 WESTCOTT COMPANY Partial Work Sheet For the year ended December 31, 2017 Unadjusted Trial Balance Adjusted Trial Balance Adjustments Account Title Dr. Cr. Dr. Cr. Cash 28 Accounts receivable Supplies 50 Prepaid insurance 34 Equipment Accumulated depreciation-Equip Accounts payable S 34 Salaries payable Unearned revenue W Westcott, Capital 61 W. Westcott, Withdrawals 271 e re to search 3 usted Trlal Balance Adjusted Trial Balance ndjustments nts Cr. kipped Cash 28 Accounts receivable Supplies 50 eBook Prepaid insurance 34 Equipment Accumulated depreciation- Equip S 34 Accounts payable Salaries payable Unearned revenue W. Westcott, Capital W. Westcott, Withdrawals 27 139 Depreciation expense-Equip Salaries expense 29 Insurance expense Supplies expense Utilities expense 18 Totals 263 263 S ype here to search

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