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Exercise 5 . 3 ( Algo ) Worksheet through Adjusted Trial Balance. LO 5 - 1 , 5 - 2 3 points On January 3

Exercise 5.3(Algo) Worksheet through Adjusted Trial Balance. LO 5-1,5-2
3
points
On January 31,20X1, the general ledger of Benjamin Company showed the following account balances.
\table[[eBook],[Hint],[Print],[References]]
\table[[Accounts,Amount],[Cash,62,500],[Accounts receivable,22,000],[Supplies,8,500],[Prepaid insurance,7,700],[Equipment,91,000],[Accumulated depreciation-Equipment,0],[Accounts payable,16,200],[Shelia Benjamin, Capital,81,450],[Fees income,114,500],[Rent expense,10,100],[Salaries expense,10,350],[Supplies expense,0],[Insurance expense,0],[Depreciation expense-Equipment,0]]
Additional information:
a. Supplies used during January totaled $5,450.
b. Expired insurance totaled $1,925.
c. Depreciation expense for the month was $1,700.
Complete the worksheet through the Adjusted Trial Balance section. Assume that every account has the normal debit or credit balance. The worksheet covers the month of January.
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