Complete the worksheet with adjustments.Use the following information:

• Year end is December 31
• A physical count revealed that all of the supplies had been used up during the year.
• The insurance policy was purchased on Dec1 of this year.It is a two-year insurance policy.
• The hydro bill arrived on January 5 for December for $90

Trial Balance Adjustments Income Statement Balance Sheet Account Debit Credit Debit Credit Debit Credit Debit Credit Bank 516.20 Accounts Receivable 9,255.50 Office Supplies 1,525.00 0 Prepaid Insurance 10,356.00 Automobiles 19,255.65 2 Professional Library 5,363.25 3 Accounts Payable 2,618.25 4 GST Payable 650.00 GST Recoverable 410.00 6 Ying Lo, Capital 34,024.81 7 Ying Lo, Drawings 20,000.00 8 Fees Earned 55,285.00 9 Car Expense 4,592.36 0 Utitlites Expense 589.25 1 Miscellaneous Expens 1,254.85 Rent Expense 7,200.00 Salaries Expense 9,235.00 4 Telephone Expense 3,025.00 5 16 $92,578.06 $92,578.06 8 Supplies Expense ** .9 Insurance Expense * * 0 Hydro Expense **