The account balances appearing on the trial balance were taken from the general ledger of Copy Service at 10/31/19. Additional information for the month of October, which has not been recorded in the accounts, is as follows: 1. A physical count of supplies inventory indicates $200 on hand at 10/31/19. 2. The amount of insurance that expired in the month of October was $300. 3. Depreciation on equipment for October was $400. 4. Rent owed on the store for October was $900. It will be paid in November. REQUIRED: A. Prepare the required adjusting entries in journal form. B. Enter the AJEs from part A on the worksheet and complete the worksheet. C. Prepare the closing entries in journal form. D. Why do accrual-basis financial statements provide more useful information than cash-basis statements? Joe's Copy Service Worksheet For the Month Ended October 31, 2019 Account Titles Trial Balance Adjustments Dr. AJE # Adjusted Trial Balance Dr. Income Statement Cr. AJE # Balance Sheet Cr. Dr. Cr. Dr. Cr. Dr. Cash Cr. 1,000 1,100 2,200 24,000 5,000 1,400 Supplies Inventory Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained earnings Dividends Copy Service Revenue Utilities Expense 4,000 10,000 5,300 2,400 5,400 400 Totals 31,100 31,100 Totals Net Income Totals