Need

Adjustments

Adjusted Trial Balance

Income Statement

Balance Sheet

debits and credits in format above

Your answer is partially correct. The unadjusted trial balance and adjustment data for Wildhorse Ridge Plumbing are provided. WILDHORSE RIDGE PLUMBING Trial Balance October 31, 2021 Debit Credit Cash $15,400 Supplies 26,600 Equipment 122,100 Accumulated depreciation-equipment $36,630 Vehicles 116,000 Accumulated depreciation-vehicles 50,750 Accounts payable 7,700 Notes payable 55,800 H. Burke, capital 74,270 H. Burke, drawings 36,500 Service revenue 199.500 Repairs expense 28,900 Insurance expense 9,000 Interest expense 3,350 Rent expense 21,000 Salaries expense 45,800 $424,650 $424,650 Additional information: 1. The equipment has an expected useful life of 10 years. The vehicles' expected useful life is eight years. 2. A physical count showed $2,000 of supplies on hand at October 31, 2021. 3. Accrued salaries payable at October 31, 2021, were $2,650. 4. Interest on the 6.0% note payable is payable at the end of each month and $9,300 of the principal must be paid on December 31 each year. Interest payments are up to date as at September 30, 2021. 5. The owner, H. Burke, invested $1,900 cash in the business on December 28, 2020. (Note: This has been correctly recorded.) Prepare a work sheet for the year ended October 31, 2021. Trial Balance Account Titles Debit Credit Cash $15,400 $ Supplies 26,600 Equipment 122,100 Accumulated depreciation-equipment $36,630 Vehicles 116,000 Accumulated depreciation-vehicle 50,750 Accounts payable 7,700 Salaries payable Interest payable Notes payable 55.800 H. Burke, capital 74,270 H. Burke, drawings 36,500 Service revenue 199,500 Depreciation expense Repairs expense 28,900 Insurance expense 9,000 Interest expense 3,350 Rent expense 21,000 Salaries expense 45,800 Supplies expense Totals $424,650 $424,650 $ Profit Totals