Polly's Painting Company Worksheet For the month ended December 31, 2017 Trial Balance Adjustments Credit Debit Credit Adjusted Trial Balance Income Statement Debit Credit Debit Balance Sheet Credit Debit Credit Debit Cash 55,000 Accounts Receivable 1,600 Cleaning Supplies 4,500 Prepaid Insurance 1,500 Office Equipment 10,000 Accum. Depr-Office Equip. 1,000 Accounts Payable 2,000 Wages Payable J. Smith, Capital 25,700 J. Smith, Drawing 2,300 Fees Earned 85,000 Wages Expense 30,000 Rent Expense 4,700 Utilities Expense 4,100 Cleaning Supplies Expense Insurance Expense Depreciation Expense-Office Equip Totals Net income or loss Totals 113,700 113,700 Adjusting Entry information for December 31: A. Prepaid Insurance which has expired $400. B. Ending Cleaning Supplies Inventory is $1,300. C. Fees earned but not yet received is $4,200. D. Depreciation on the Office Equipment for this year, $350. E. Wages accrued but not yet paid, $1,900.