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Complete the worsheat one section at a time, beginning with the Adjustments columns. Enter the adjustments using the corresponding letter references a. through d. For

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Complete the worsheat one section at a time, beginning with the Adjustments columns. Enter the adjustments using the corresponding letter references a. through d. For the incond Statemert 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 warkaheet, leave the ber emply, do antiter a rero. Abbreviations used: Aco, = Accumulated; Alow. = Alowances: Dept. = Depreciation; Equp. = Equipenent: Exp: = Expense; Stmt. = Statement: T8 = Trial Balance. Jabar's Hardware Werksheet For Year Ended December 31, 2010 Assumptions a. Physical count of inventory on December 31,$630 b. Insurance expired, $120 c. Depreciation expense on store equipment, $40 d. Accrued wages, $130 Jabar's Hardware Worksheet Prepaid Insurance Store Equipment Acc. Depr., Store Equip. Accounts Payable Jabar Spool, Capital Sales Sales Returns and Aliow. Sales Discounts Cost of Goods Sold Wages Expense Rent Expense Telephone Expense Miscellaneous Expense Insurance Expense Depr. Exp., Store Equip: Wages Payable Totals Net Incomoll.oss Totals

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