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Question 1 Not checked Marked out of 64.00 Take me to the text Below is Coleson Services unadjusted trial balance at the end of December
Question 1 Not checked Marked out of 64.00 Take me to the text Below is Coleson Services unadjusted trial balance at the end of December 2016. Adjusting entries have not yet been made. Use the trial balance and the information below to complete the worksheet. Dec 31 Dec 31 Dec 31 Dec 31 A physical count show that $380 of supplies is still on hand The equipment was purchased at the beginning of the year and is expected to last four years with no residual value Of the balance of unearned revenue, $440 has been earned The amount in prepaid insurance is for an annual policy that was paid on September 1, 2016 Flag question Required Using the following trial balance, complete the adjustments, the adjusted trial balance, income statement, and balance sheet in the worksheet. Do not enter dollar signs or commas in the input boxes. Coleson Services Worksheet December 31, 2016 Unadjusted Trial Adjusted Trial Adjustments Income Statement Balance Sheet Balance DR 1,800 2,600 3,600 1,200 6,100 Balance DR CR DR CR Account Cash Accounts Receivable Prepaid Insurance Office Supplies Equipment Accumulated Depreciation Accounts Payable CR DR CR DR CR 2,100
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