Following is the partially completed worksheet of Brown Brooks. In addition, the following information is available:

1. Ending inventory $7,500; (2) expired rent $300; (3) accrued wages $200; and supplies used $500.

DIRECTIONS: a. Complete the worksheet. b. Prepare the closing entries. Brown Brooks Work Sheet For the month Ended December 31,19xx

Trial Balance TB Adjustments Income Statement Deb Cred Balance Sheet Deb Cred Deb Cred Cred Deb 1,200 600 6,500 1,000 800 2,400 7,900 Account balance Cash Accounts Receivable Merchandise Inventory Prepaid Rent Supplies Accounts Payable Jessica Brown, Capital Jessica Brown, Drawing Sales Sales Ret. & Allow. Purchases Purchase Discounts Freight In Wages Expenses 4,100 9,800 200 4,700 100 500 600 20,200 20,000