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Problem Set A PROBLEM 4 after the the firm has completed its fist nmonthrgansInsurance Agency as of September 30. firm has completed its first month

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Problem Set A PROBLEM 4 after the the firm has completed its fist nmonthrgansInsurance Agency as of September 30. firm has completed its first month of operations, is as follows: Morgan's Insurance Company Trial Balance September 30,20 Account Name Cash Accounts Receivable Debit 3,337 1.428 487 775 5,146 Credit Prepaid Insurance Ofice Equipment Accounts Payable S Morpan, Capital S Morpan Drawing 1,367 9,528 1,000 Commissions Earned Rent Expense Travel Expense Utilities Expense Miscellaneous Expense 2,843 885 388 227 65 13,738 13,738 Required 1. Record the amounts in the Trial Balance columns of the work sheet. 2. Co Check Figure Net Income, $228 mplete the work sheet by making the following adjustments and lettering each adjustment: a Expired or used-up insurance, $300. h Depreciation expense on office equipment, $600. c. Supplies used, $150

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