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PLEASE DONT POST A CROPPED RESPONSE The balances of the ledger accounts for Buffet Services on September 30, 20X1, and the information needed for adjustments

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PLEASE DONT POST A CROPPED RESPONSE
The balances of the ledger accounts for Buffet Services on September 30, 20X1, and the information needed for adjustments are Balance $19.500 9.600 3,700 9.900 Account Name Cash hecounts receivable upplies Peepala Laurance Equipment Neculated depreciation Equipment Accounts payable Jane Buffet, Capital Jabe Buftet, Drawing een income Advertising pese Hent expense Salaries expande Bupplies expense Insurance expense Ulities expen Depreciation pence-Equipment 22,808 6,600 56.000 4.300 32.000 3,800 6,300 12,660 2,100 Adjustment information: a. The supplies were purchased on September 1, 20X1. An inventory of supplies showed $2,500 on hand on September 30, 20x1 b. The amount of Prepaid Insurance represents a payment made September 1, 20X1, for a six-month insurance policy. c. The equipment, purchased September 1 20X1, has an estimated useful life of 5 years with no salvage value. The firm uses the straight-line method of depreciation Prepare the Trial Balance section, record the adjustments, and complete the worksheet BUFFET SERVICES Prepare the Irial Balance section, record the adjustments, and complete the worksheet BUFFET SERVICES Worksheet Month Ended September 30, 20X1 ADJUSTMENTS ADJUSTED TRIAL BALANCE Debit Credit Dahil TRIAL BALANCE Dehlt Credit INCOME STATEMENT Cro BALANCE Beton ACCOUNT NAME Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation Equipment Accounts payable Jane Buffet Cap Jane Buffet Drawing Feen income Advertising expense Rent expense Salaries experie Suppies experte Laurance expire ultes expense Depreciation expense Equipment Totals Net income $ 0 $ 0 $ 05 ols 05 03 S 05 S 05 05 BUFFET SERVICES Worksheet Month Ended feptember 30, 20X1 ADJUSTMENTS ADJUSTED TRIAL BALANCE Debe Credia Debit Credit TRIAL BALANCE Delt Credit INCOME STATEMENT Debit Credit BALANCE SHEET Detit Cro 0 $ 0$ 05 0$ 0 $ OS 5 o 0 $ OS OS $ 0 $ 0 $ o $ 0

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