P3 Prepare final accounts from given trial balance figures adjusting for accruals, depreciation and prepayments.

P4 Produce final accounts for a range of examples that include sole-traders, partnerships or limited companies.

The trial balance of ABC Company at December 31, 2012, and the data needed for the month- end adjustments follow. ABC COMPANY Trial Balance December 31, 2012 Account Debit Credit Cash $ 12,100 Accounts receivable 14,300 Prepaid insurance 2,300 Supplies 1.100 Building 411,000 Accumulated depreciation $312,500 Accounts payable 1.950 Salary payable Unearned service revenue 2.400 Nader, capital 114,740 Nader, drawing 2,860 Service revenue 15,600 Salary expense 2,700 Insurance expense Depreciation expense Advertising expense 830 Supplies expense Total $447,190 $447,190 Page 1 of 2 Adjustment data at December 31 follow: Prepaid insurance still in force, $500. Supplies used during the month, $650 Depreciation for the month, $1,500 Accrued salary expense, $350. Unearned service revenue still unearned, $1,200