P Tong and Company ACCOUNTS WORK SHEET Year Ended December 31, 20-4 ADJUSTMENTS INCOME STATEMENT BALANCE SHEET DEBIT | CREDIT | DEBIT CREDIT | DEBIT | CREDIT de Parer Exercise 1, p. 320 Bank Accounts Receivable Supplies Prepaid Insurance Equipment Automobile Accounts Payable P Tong, Capital P Tong, Drawings Fees Earned Car Expense General Expense Miscellaneous Expense Rent Expense Wages Expense TRIAL BALANCE DEBIT CREDIT 1800 19500 ooo 0750 22 0 0 0 - 21 000 - 4360 540 40 - 15 000 - 60300 - 38 00 - 2950 - 1700- 71200 - 22 000 - 118700 - 78700 - A. Using the additional information given below, complete the eight-column work sheet. Additional Information 1. The value of the supplies on hand at the year-end amounted to $700