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eBook Show Me How Adjustments and Work Sheet Showing Net Income Complete the adjustments for the trial balance after one month of operation for Mason's
eBook Show Me How Adjustments and Work Sheet Showing Net Income Complete the adjustments for the trial balance after one month of operation for Mason's Delivery Service as of September 30, 20- a. Supplies inventory as of September 30, $90. b. Insurance expired (used), $650. c. Depreciation on delivery equipment, $600. d. Wages earned by employees but not paid as of September 30, $350. Required: 1. Enter the adjustments in the Adjustments columns of the work sheet. 2. Complete the work sheet. If an amount box does not require an entry, leave it blank. Cash Mason's Delivery Service Work Sheet For Month Ended September 30, 20-- Account Title Trial Balance Debit Credit Adjustments Debit Credit Debit Adjusted Trial Balance Credit Debit Income Statement Credit Balance Debit 1,600 1,600 940 940 635 90 550 1,200 6,400 Accounts Receivable. Supplies Prepaid Insurance Delivery Equipment Accumulated Depreciation Delivery Equipment Accounts Payable 1,220
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