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the withdrawals remained the same, what was the amount of net income or net loss? PR 4-3A T accounts, adjusting entries, financial statements, and closing entries; optional end-of-period spreadsheet (work sheet) The unadjusted trial balance of Launderland at November 30, 2012, the end of the cur- rent fiscal year, is shown below. Unadjusted Trial Balance November 30, 2012 Debit Balances 9,000 20,900 9,600 Credit Cash. Laundry Su Prepald In 290,000150400 Accounts Payable 11,800 Gene Halsey, Drawing 8400 105,600 232,200 Wages Expense Rent Expense Utilities Expense Miscellaneous Expense 97,000 40,000 19,700 5,400 500,000 500,000 The data needed to determine year-end adjustments are as follows: a. Laundry supplies on hand at November 30 are $5,000. b. Insurance premiums expired during the year are $6,400. c. Depreciation of equipment during the year is $7,000. d. Wages accrued but not paid at November 30 are $1,500. Instructions 1. For each account listed in the unadjusted trial balance, enter the balance in a T account. Identify the balance as "November 30 Bal." In addition, add T accounts for Wages Payable, Depreciation Expense, Laundry Supplies Expense, Insurance Expense, and Income Sum- mary. 2. Optional: Enter the unadjusted trial balance on an end-of period spreadsheet (work 3. Journalize and post the adjusting entries. Identify the adjustments by "Adj," and the 4. Prepare an adjusted trial balance. sheet) and complete the spreadsheet. Add the accounts listed in part () as needed. new balances as "Adj. Bal." 5. Prepare an income statement, a statement of owner's equity (no additional investments were made during the year), and a balance sheet. 6. Jourmalize and post the closing entries, Identify the closing entries by "Clos. 7. Prepare a post-closing trial balance. PR 4-4A Ledger accounts, adjusting entries, financial statements, and closing entries ntional end af-neriod spreadsheet (work sheet)