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the trial balance is given and adjustment has an additional information which should be written by getting help from that additional information after looking at
the trial balance is given and adjustment has an additional information which should be written by getting help from that additional information after looking at the sheet please answer the adjustment because it the one i entered has different amounts so please fill and give me answers for adjustment, income statement and also for balance sheet page 1 page 1 continue Additional Information 1. Late bills arriving in January 2021 that pertain to the 2020 fiscal period: a. Supplies and Materials $ 509.60 b. Car Expense 200.00 c Truck Expense 746.20 d. Miscellaneous Expense 35.00 2. The value of Supplies and Materials, at the end of the year, was $8,013.56. 3. The value of unexpired insurance amounted to $1,325.00 at the end of the year. 4. Advertising Revenue of $8,903 was recorded on December 2020 but this amount was for ads to be run in January and February 2021. 5. Depreciation was calculated on a straight line basis: a Buildings cost $630,000, estimated salvage value $30,000. estimated life 40 years b. Automotive Equipment cost $75,325.00 and the company estimates the salvage value to be $5,325.00 with an estimated life of 7 years c Bought equipment costing $95,700.00, with an estimated salvage value of $20,000, estimated life 10 years. K O O | % 5
the trial balance is given and adjustment has an additional information which should be written by getting help from that additional information
after looking at the sheet please answer the adjustment because it the one i entered has different amounts so please fill and give me answers for adjustment, income statement and also for balance sheet
page 1
page 1 continue
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