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The balances of the ledger accounts for Oleman Services on January 31, 2019, and the information needed for adjustments are shown bmw $ 8,200 4,350

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The balances of the ledger accounts for Oleman Services on January 31, 2019, and the information needed for adjustments are shown bmw $ 8,200 4,350 1,590 7,200 Accounts Receivable Supplies Popis Insurance cient Acculated Depreciation Equipment counts Payable ott oleman, Capital Jeft oleman, Drawing Advertising Expense Hent Expense Salarien pense Supplies Expense Insurance Expense Utlities Expense Depreciation Expense quipment 1.920 22,500 3,200 12.700 900 2,050 5.050 Adjustment Information: a. The supplies were purchased on January 1, 2019. An inventory of supplies showed $1,000 on hand on January 31, 2019 b. The amount of Prepaid Insurance represents a payment made January 1, 2019, for a six-month insurance policy. The equipment, purchased January 1, 2019, has an estimated useful life of 4 years with no salvage value. The firm uses the straight- line method of depreciation. Prepare the Trial Balance section, record the adjustments, and complete the worksheet OLEMAN SERVICES Worksheet + Month Ended January 31, 2019 ADJUSTMENTS ADJUSTED TRIAL BALANCE Debit Credit Debit Credit TRIAL BALANCE Debit Credit INCOME STATEMENT Debit Credit ACCOUNT NAME Prepare the Trial Balance section, record the adjustments, and complete the worksheet. OLEMAN SERVICES Worksheet Month Ended January 31, 2019 ADJUSTMENTS ADJUSTED THAL BALANCE Det Credit Debit Credit BALANCE TRUAL BALANCE Crede INCOME STATEMENT Debit Credit ACCOUNT NAME Event tad Depreciation Expert Deprecation Expono tantome

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