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The Gorman Group End-of-Period Spreadsheet For the Year Ended October 31, 20Y3 Adjusted Trial BalanceAccount TitleDr.Cr. Cash16,260Accounts Receivable35,390Supplies5,530Prepaid Insurance11,940Land126,000Buildings452,000Accumulated Depreciation-Buildings147,300Equipment327,000Accumulated Depreciation-Equipment191,900Accounts Payable41,860Salaries Payable4,150Unearned Rent1,880Nicole Gorman,

The Gorman Group

End-of-Period Spreadsheet

For the Year Ended October 31, 20Y3

Adjusted Trial BalanceAccount TitleDr.Cr.Cash16,260Accounts Receivable35,390Supplies5,530Prepaid Insurance11,940Land126,000Buildings452,000Accumulated Depreciation-Buildings147,300Equipment327,000Accumulated Depreciation-Equipment191,900Accounts Payable41,860Salaries Payable4,150Unearned Rent1,880Nicole Gorman, Capital537,380Nicole Gorman, Drawing31,400Service Fees596,960Rent Revenue6,300Salaries Expense427,970Depreciation ExpenseEquipment23,200Rent Expense19,500Supplies Expense13,770Utilities Expense12,440Depreciation ExpenseBuildings8,300Repairs Expense6,860Insurance Expense3,760Miscellaneous Expense6,4101,527,7301,527,730

Required:

Gorman Group

Statement of Owner's Equity

For the Year Ended October 31, 20Y3Nicole Gorman, capital, November 1, 20Y2

$Net income for the year

$Withdrawals

Increase in owner's equity

Nicole Gorman, capital, October 31, 20Y3

$

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