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Adjusting Entries Debits Credits 10 200 50 100 200 Beginning Trial Balance Account Debit BalancesCredit Balances Cash 2500 Accounts Receivable 3400 Plumbing Supplies 1100 Prepaid Insurance 600 Office Equipment 2000 Accumulated Depreciation 250 Truck 8000 Accumulated Depreciation 3000 Accounts Payable 2500 Note to Bank for Truck 6500 Capital 2500 Draw 600 Services Rendered 6700 Wages 25001 Supplies Expense 500 Repairs 105 Small Tools 100 Service charge Gas Expense Insurance Depreciation Interest 21405 21450 Ending Trial Balance Debit BalancesCredit Balances 2490 3400 900 550 2000 350 8000 3200 2500 6500 2500 600 6700 2500 700 105 100 10 100 100 50 300 50 50 21855 21900 200 100 10 100 501 300 50 710 50 710 A good place for a statement of assets, liabilities, and owners equity? STATEMENT OF FINANCIAL POSITION John Rench as of 12/31