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re the income statement, the statement of owner's equity, and the classified 6. Prepare the income stateme balance sheet in report form. 1. Prepare the
re the income statement, the statement of owner's equity, and the classified 6. Prepare the income stateme balance sheet in report form. 1. Prepare the closing entries, and post to the T-accounts 8. Prepare a post-closing trial balance. 44-34A Preparing adiusting entries and reversing entries Learning Objective 7 Appendix 4A ne uradjusted trial balance and adjustment data of Martha's Motors at December 31, 2018, follow MARTHA'S MOTORS Unadjusted Trial Balance December 31, 2018 Credit Debit $ 4200 27,200 1.000 2.400 52,400 5 34,600 15,000 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Wages Payable Unearned Revenue Eaglin, Capital Eaglin, Withdrawals Service Revenue Depreciation Expense Equipment Wages Expense Insurance Expense Utilities Expense Supplies Expense Total 7.900 18,500 3,100 17,200 1.600 1,300 $ 93,200 $ 93,200 Adjustment data at December 31, 2018: a. Depreciation on equipment, $2,100. V b. Accrued Wages Expense, $1,100. V c. Office Supplies on hand, $500. d. Prepaid Insurance expired during December, $600. e. Unearned Revenue earned during December, $4,800. f. Accrued Service Revenue, $1,300. 2019 transactions: On January 4, Martha's Motors paid wages of $1,900. Of this, $1,100 related to the accrued wages recorded on December 31. On January 10, Martha's Motors received $1,500 for Service Revenue. Of this $1,300 is related to the accrued Service Revenue recorded on December 31
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