The December 31, 2020, unadjusted trial balance for Musical Sensations after its second year of operations to MUSICAL SENSATIONS Work Sheet December 31, 2020 Account Cash Accounts receivable Office supplies Musical equipment Accumulated depreciation, musical equipment Accounts payable Unearnele performance revenue Jim Daley, capital Jim Daley, withdrawals Performance revenue Salaries expense Travelling expense Totals Unadjusted Trial Balance Debit Credit $ 7,9ee 14,600 830 129,00 $ 22,000 4,600 12, see 158,740 52,400 142, eee 90,000 45, 410 $340, 240 $548, 140 Following are the additional information: a. A review of the Unearned Performance Revenue account revealed a balance remaining of $9.425 Annal onreciation on the minimanti 220 a. A review of the Unearned Performance Revenue account revealed a balance remaining of $9,425 b. Annual depreciation on the musical equipment is $22,000. c. Accrued salaries at December 31 totalled $6,500. d. It was determined that $670 of the balance in the Office Supplies account had been used Required: 1-3. Use the above information to complete the work sheet MUSICAL SENSATIONS Work Sheet December 31, 2020 Unadjusted Trial Balance Adjustments Adjusted Mal Balance Deart Credit Credit Debit Credit Account $ 80 Cash Accounts receivable Office supplies Musical equipment Debit 7.900 14,600 830 129 000 Next > 1 of 7 Prev Help s Unadjusted Trial Balance Adjustments Adjusted Trial Batin Credit Debit Credit Debit Credor $ Account Cash Accounts receivable Office supplies Musical equipment Accumulated depreciation musical equipment Accounts payable Unearned performance revenue Jim Daley, capital Debit 7,900 14,600 830 129,000 22.000 4,600 12,800 158.740 52,400 142.000 90,000 45, 410 340, 140 $340,140 $ Jim Daley, withdrawals Performance revenue Salaries expense Travelling expense Totals Depreciation expense, musical equipment Salaries payable Office supplies expense Next > 1 of 7 28