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Exercise 4-4 Preparing unadjusted and adjusted trial balances, including the adjustments LO P1 2. Use the following adjustment information to complete the Adjustments Columns of

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Exercise 4-4 Preparing unadjusted and adjusted trial balances, including the adjustments LO P1 2. Use the following adjustment information to complete the Adjustments Columns of the worksheet a Depreciation on equipment, 15 Accrued ones, $18 c. The $2A of unearned revenue has been earned d. Supplies averable December 31, $75 e. Expired insurance, $27 3. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns Compute totais formose columns including net income WESTCOTE COMPANY Partial wel het For the year ended December industrial Adjustments Adjusted Trala Income Statement Flalance Sheet D Dr 5 Alle cau AM Saias Pepe 31 48 42 63 cer payable 130 WE 30 10 30 24 414 414 non ras 1 5 Exercise 4-4 Preparing unadjusted and adjusted trial balances, including the adjustments LO PI 2 Use the following adjustment information to complete the Adjustments Columns of the worksheet a Depreciation on equipment, $15 b. Accrued salaries. 518 C. The $24 of unearned revenue has been earned d. Supplies available at December 31 $75 e Expired insurance. 27 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 Adjusted Adjustments Trial Balance Dr. Dr. Cr. Unadjusted Trial Income Balance Sheet Account Title Cash Accounts receivable Supplies 40 83 5 Acum depressione At 30 18 24 Uncanned ever W. WotCapta W. WoW 301 30 Sess 24 414 414

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