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Project: Prepare a worksheet, financial statements, and adiustinq and closinq entries (15 marks) The trial balance columns of the worksheet for Warren Roofing at March
Project: Prepare a worksheet, financial statements, and adiustinq and closinq entries (15 marks) The trial balance columns of the worksheet for Warren Roofing at March 31, 2022 are as follows. 1. A physical count reveals only $480 of roofing supplies on hand. 2. Depreciation for March is $250. 3. Unearned service revenue amounted to $260 at March 31 . 4. Accrued salaries are $700. Instructions a. Enter the trial balance on a worksheet and complete the worksheet. b. Prepare an income statement and retained earnings statement for the month of March and a classified balance sheet at March 31 . Warren paid a total dividend of $1,000 in March. c. Journalize the adjusting entries from the adjustments columns of the worksheet. d. Journalize the closing entries from the financial statement columns of the worksheet. NOTE: Enter the value into the yellow shaded input cells. NOTE: Enter the value into the yellow shaded input cells
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