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Exerclse 5.7 (Algo) Completing the Worksheet from an Adjusted Trlal Balance. LO 5-3 On January 31, 20X1, the adjusted trial balance column of the worksheet
Exerclse 5.7 (Algo) Completing the Worksheet from an Adjusted Trlal Balance. LO 5-3 On January 31, 20X1, the adjusted trial balance column of the worksheet from the Southern Logistics Company reflected the account balances reflected below. Additional Informetion: The worksheet also reflects the adjustments to the appropriate accounts based on the information below. o. Supplies used during January totaled $3,550. b. Expired rent totaled $5,300. c. Depreciation expense for the month was $580. Assume that every account has the normal debit or credit balance. The worksheet covers the month of January. Complete the Income Statement and Balance Sheet sections of the worksheet
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