Exercise 3-22B (Algo) Preparing unadjusted and adjusted trial balances, including the adjustments LO P8 2. Use the following adjustment information to complete the Adjustments columns of the work sheet. a. Depreciation on equipment, $6 5. Accrued salaries, $9 c. The $15 of unearned revenue has been earned d. Supplies available at December 31, $30 2. Expired insurance, $18 3. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns including net income. WESTCOTT COMPANY Partial Work Sheet For the year ended December 31 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet and Stateme of Retained Earnings Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet and State of Retained Earnings Dr. Cr. Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. $ 36 21 42 24 45 $ 21 9 15 Cash Accounts receivable Supplies Prepaid insurance Equipment Accum. depreciation Equip. Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends Services revenue Depreciation expense-Equip. Salaries expense Insurance expense Supplies expense Utilities expense Totals 28 38 12 105 21 15 $ 216 $ 216 S 0 $ 0 $ 0 $ 0 0 0 0 Net income Totals $ 0 $ 0 $ 0