thank you!

WARREN ROOFING Worksheet For the Month Ended March 31, 2020 Trial Balance Account Titles Dr. Cash 4,500 Accounts Receivable 4,000 Supplies 2,000 Equipment 11,000 Accumulated Depreciation-Equipmer 1,250 Accounts Payable 2,500 Unearned Service Revenue 550 5 Owner's Capital 12,900 Owner's Drawings 1,100 Service Revenue 7,100 Salaries and Wages Expense 1,300 Miscellaneous Expense 400 24,300 24,300 s Other data: 1. A physical count reveals only $480 of roofing supplies on hand. 52. Depreciation for March is $250. 53. Unearned service revenue amounted to $260 at March 31. 4. Accrued salaries are $700. B Instructions: (a) Enter the trial balance on a worksheet and complete the worksheet. (b) Prepare an income statement and owner's equity statement for the month of March and a classified balance sheet at March 31. T. Warren made an additional investment in the business of $10,000 in March. (c) Journalize the adjusting entries from the adjustments columns of the worksheet. 5(d) Journalize the closing entries from the financial statement columns of the worksheet. 5 NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?". Cr. Account Titles Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Service Revenue Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Miscellaneous Expense Totals Supplies Expense Depreciation Expense Salaries and Wages Payable Totals Net income Totals Trial Balance Or 4.500 4.000 2,000 11,000 1,100 1,300 400 24 300 Cr 1,250 2.500 550 12.900 7,100 24.300 WARREN ROOFING Worksheet For the Month Ended March 31, 2020 Adjustments 8 8 288 188 Adjusted Trial Balance Income Statement Or Cr ? ? ? ? ? 9 ? ? 7 ? 2 ? 7 ? ? 2 ? Balance Sheet Dr Cr ? 7 ? 7 ? ? ? 7 2 ? (b) Revenues WARREN ROOFING Income Statement For the Month Ended March 31, 2020 Value Value Value Value Service Revenues Expenses Salaries and wages expense Supplies expense Miscellaneous expense Depreciation expense Total expenses Net income Owner's Capital, March 1 Add: Investments Net income Less: Drawings Current Assets Cash Accounts receivable Supplies Total current assets WARREN ROOFING Owner's Equity Statement For the Month Ended March 31, 2020 Value Value Owner's Capital, March 31 WARREN ROOFING Balance Sheet March 31, 2020 Assets Value Value Value Value ? ? Value ? ? Value ? ? WARREN ROOFING Balance Sheet March 31, 2020 Assets Current Assets Cash Accounts receivable Supplies Total current assets Property, plant and equipment Equipment Less: Accumulated depreciation -equipment Total assets Current liabilities Liabilities and Owner's Equity Accounts payable Salaries and wages payable Unearned service revenue Total current liabilities Owner's capital Total liabilities and owner's equity Owner's equity Value Value Value Value Value Value Value Value ? ? ? ? Value ? 7 (C) 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5(d) 6 7 8 9 0 1 2 3 4 5 6 8 9 n Adjusting entries: Mar 31 Mar 31 Mar 31 Mar 31 Closing entries: Mar 31 Mar 31 Mar 31 Account Account Account Account Account Account Account Account Account Account Account Account Account Account Account Account Account Value Value Value Value Value Value Value Value Value Value Value Value Value Value Value Value Value