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Kink Enterprises offers rug cleaning services to business clients. Below is the trial balance for Kirk Enterprbes, which was prepared on the end of period

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Kink Enterprises offers rug cleaning services to business clients. Below is the trial balance for Kirk Enterprbes, which was prepared on the end of period isreatduref (work wherd for the year ended July 31. Required: Enter the adjustment date in the work sheet for the transections shown beiow and place the batances in the Adjusted Thal balanch columnk. If an emount bor does nat need an eriok. leave it blank. a) The equipment is estimated to last for five years with no calvage value. The asset will be depreciated erthly over its usehil Ife. Depreciation on equament for the year a 112. Record one month's depredation. b) Accrued wages, $2. c) Unused supplies on hand, $8. d) Of the unearned revenue, 75% has been eamed. e) Unexpired insurance remaining ot the end of the month, 59 . Kirk Enterprises Kirle Enterprises End-of-Period Spreadsheet For the Year Ended July 31 Cash 36 Accounts Recelvable 56 Prepaid insurance 12. Supplies 12 Equipment 60 Accumulated Depreciation Unearmed Revenue Accounts Payable Wages Payable Ruben Ramon, Capital Ruben Ramon, Drawing Service Revenue 80 Advertising Expense 28 Wages Expense 20 Insurance Expense Supplies Expense Depreciation Expense 228+228

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