Part I. The trial balance for Game Time on December $31$ is as follows:

Game Time

Trial Balance

December $31,2022$

$\backslash$table$[[$Account Name,Debit,Credit$],[$Cash$,8,721,],[$Prepaid Insurance,$1,295,],[$Equipment$,17,642,],[$Accumulated Depreciation $-$ Equipment,,$2,287],[$Repair Equipment,$1,265,],[$Accumulated Depreciation $-$ Repair Equipment,,$880],[\backslash$table$[[$Accounts Payable$]],,942],[$B$.$ Ryan, Capital,,$23,871],[$B$.$ Ryan, Drawing,$2,000,],[$Game Fees,,$1,954],[$Concession Fees,,$3,752,],[$Wages Expense,$1,068,],[$Rent Expense,$980,],[$Utilities Expense,$246,],[$Repair Expense,$180,],[$Supplies Expense,$257,],[$Miscellaneous Expense,$32,],[$Total$,33,686,33,686]]$

Data for month$-$end adjustments are as follows:

a$.$ Expired or used$-$up insurance, $$1,200$

b$.$ Depreciation expense on equipment, $$2,200-$

c$.$ Depreciation expense on repair equipment, $$400$ :

d$.$ Wages accrued or earned since the last payday, $$1,750($owed and to be paid on the next payday$)$

Question $1(40$ points$).$ Complete a work sheet attached for the month. $($use the separate answer sheet provided$)$

$1$