Given the following trail Balance and adjustment data for the A Ltd , Your task is prepare a work-sheet for the month of November, the first month of operations in a new fiscal year.
The A Ltd Trial Balance November 30, 2021
	Dr	Cr
Cash	381300
Accounts Receivable	282000
Prepaid Rent	85000
Painting Supplies	92100
Studio Equipment	598500
Accumulated Depreciation , Studio Equipment		199500
Accounts payable		178800
A Ltd , Capital		582800
Painting Revenue		781600
Advertising Expense	51000
Utilities Expense	27800
Wages Expense	225000
Totals	1742700	1742700
Completing a worksheet
Check Figure
Net income $3690.25
Adjustment data :
1)Painting supplies on hand, $595
2)Prepaid rent represents the first and last months rent on a new office lease singed November 1, 2018.
3)Depreciation on studio equipment is based on straight-line, five year life and a residual value of $480
4)Wages earned but un-paid amounted to 24.5 hours at $10 per hour