ses/34917/assignments/3638740 merest expense $523,800 $523,800 Additional information: 1. The 12-month insurance policy was purchased on June 1, 2020. 2. A physical count of supplies shows $1,310 on hand on January 31, 2021. 3. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of 9 years. 4. The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the previous month's interest. 5. By January 31, 2021, $1,300 of services related to the unearned revenue have been provided. 6. During the next fiscal year, $4,500 of the mortgage payable is to be paid. Prepare a work sheet for the year ended January 31, 2021. (Round answers to decimal places, e.g. 5,275.) SUNLANI Adjustments Account Titles Trial Balance Debit Credit $3,400 Debit Credit Debit Cash Accounts receivable 6,830 Prepaid insurance 6,420 Adjustments Account Titles Trial Balance Debit Credit $3,400 Debit Credit Debit Cash Accounts receivable 6,830 Prepaid insurance 6,420 Supplies 5,240 Land 57,000 Building 190,000 Accumulated depreciation-building 11.000 Equipment 27,000 Accumulated depreciation-equipment 4,500 Accounts payable 6.900 Interest payable 22.150 Unearned revenue 182,200 Mortgage payable 61.000 H.Dude, capital A ENG 12/02/2020 s.com/courses/34917/assignments/3638740 Unearned revenue 22,150 Mortgage payable 182,200 61,000 H.Dude, capital H. Dude, drawings 94,100 Service revenue 236,050 Depreciation expense Insurance expense Interest expense 6,110 115,700 Salaries expense Supplies expense Utilities expense 12,000 $523,800 $523.800 $ Totals Profit Totals A 4 1940 ENG 12/02/2002 e Textbook and Media 49 /assignments/3638740 SUNLAND CYCLE REPAIR SHOP Work Sheet Bala Adjusted Trial Balance Debit Credit Income Statement Credit Debit Debit D 1930 ENG 12/02/2002 ignments/3638740 * TODOS $ A 900 ENG 12/02/2020 Teythonk and Media