The trial balance of Lane's Interiors at May 31, 20X8, follows.

Lane's InteriorsTrial Balance May 31, 20X8

Cash

Notes Receivable

Interest Receivable

Supplies

Prepaid Insurance

Furniture

Accumulated Depreciation: Furniture Building

Accumulated Depreciation: Building Land

Accounts Payable

Interest Payable

Salary Payable

Unearned Service Revenue

Note Payable, Long-Term

K. Lane, Capital

K. Lane, Withdrawals

Service Revenue

Interest Revenue

Salary Expense

Insurance Expense

Interest Expense

Utilities Expense

Advertising Expense

Supplies Expense

Depreciation Expense-Furniture Depreciation Expense-Building

Total

Additional data at May 31, 20X8:

$ 4,300 10,300

500 1,700 27,400

1,400 53,900

34,500 18,700

14,700

8,800 18,700 29,900

3,800

16,800

2,100

1,100 1,000

$124,800

$124,800

4

a.Depreciation: furniture, $500; building, $400.

b. c. d. e. f. g. h.

Required:

Accrued salary expense, $600

Supplies on hand, $400.

Prepaid insurance expired, $300.

Accrued interest expense, $200.

Unearned service revenue earned during May, $4,400. Accrued advertising expense, $100 (credit Accounts Payable). Accrued interest revenue, $200.

Complete the Lane'saccounting work sheet for May 31, 20X8 (Note that the worksheet should show the following columns unadjusted trial balance the, adjustments, and the adjusted trail balance.