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P4-38. Using the following trial balance and adjustment date for Vivam's Repair Co. of Windsor prepare 1. A worksheet for October 2. An income statement

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P4-38. Using the following trial balance and adjustment date for Vivam's Repair Co. of Windsor prepare 1. A worksheet for October 2. An income statement for October, statement of owner's equity for October, and a balance sheet as of October 31, 2022 Adjustment Data a. One quitter of the prepaid insurance has expired. b. Repas supplies on hand, 5295 Depreciation on repair equipment is based on the straight line approach, with a 10 year life and a residual value of $1,200. d. Depreciation on building is also straight-line, 30-year life, and no setidual value 6. Wages earned but unpaid amounted to 76 hours at $10 per hour at month-end. VIVIAN'S REPAIR CO. TRIAL BALANCE OCTOBER 31, 2022 Casti Prepaid Insurance Repair Supplies Repair Exquipment Building Ascomated Accumulated Depreciation Building Accounts Payable Vivian Hunter Capital Vivian Hunter Withdwal Repair Tees Revenue Was per Utilities Expense Adhig Eapers Total DE CE 302600 38900 10400 846000 Soooo00 59 52.00 12 so00 202000 65000 140000 206 Soo 109000 100 149200 9914600 9096600

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