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Social Catering unadjusted trial balance at the end of December 2021 is presented below. Adjusting entries have not yet been made for the year. Use
Social Catering unadjusted trial balance at the end of December 2021 is presented below. Adjusting entries have not yet been made for the year. Use the trial balance and the information below to complete the worksheet. Dec 31 Of the balance of unearned revenue, $410 has been earned. Dec 31 The equipment was purchased at the beginning of the year and is expected to last four years with no residual value. Dec 31 The amount in prepaid insurance is for an annual policy that was paid on September 1, 2021. Dec 31 Services were provided worth $460, to be paid next month. Required Using the following trial balance, complete the adjustments, the adjusted trial balance, income statement, and balance sheet in
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