The trial balance of Morgan's Insurance Agency as of September 30, after the firm has completed its first month of operations, is as follows: Morgan's Insurance Company Trial Balance September 30, 20-- Account Name Cash Accounts Receivable Supplies Prepaid Insurance Office Equipment Accounts Payable S. Morgan, Capital S. Morgan, Drawing Commissions Earned Rent Expense Travel Expense Utilities Expense Miscellaneous Expense Debit Credit 3,337 1,428 487 775 5,146 1,000 885 388 227 65 1,367 9,528 2,843 13,738 13,738 Required: 1. Record the amounts in the Trial Balance columns of the work sheet. 2. Complete the work sheet by making the following adjustments: a. Expired or used-up insurance, $325. b. Depreciation expense on office equipment, $700. c. Supplies used, $150. If no amount is required, enter 0.

The trial balance of Morgan's Insurance Agency as of September 30, after the firm has completed its first month of operations, is as follows: Required: 1. Record the amounts in the Trial Balance columns of the work sheet: 2. Complete the work sheet by making the following adjustments: a. Expired or used-up insurance, $325. b. Depreciation expense on office equipment, $700. c. Supplies used, $150. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline EE & \multicolumn{2}{|c|}{ ADJUSTMENTS } & \multicolumn{2}{|c|}{ ADJUSTED TRIAL BALANCE } & \multicolumn{2}{|c|}{ INCOME STATEMENT } & \multicolumn{2}{|c|}{ BALANCE SHEET } & \\ \hline EREDIT & DEBIT & CREDIT & oeart & CREDIT & DEETr & EDIT & Detert & CREDIT & \\ \hline & & & & & & & & & 1 \\ \hline & & & & & & & & & 2 \\ \hline & & & & & & & & & 3 \\ \hline & & & & & & & & & 4 \\ \hline & & & & & & & & & 5 \\ \hline & & & & & & & & & 6 \\ \hline & & & & & & & & & 7 \\ \hline & & & & & & & & & a \\ \hline & & & & & & & & & 9 \\ \hline & & & & & & & & & 10 \\ \hline & & & & & & & & & 11 \\ \hline & & & & & & & & & 12 \\ \hline & & & & & & & & & 13 \\ \hline & & & & & & & & & 14 \\ \hline & & & & & & & & & 15 \\ \hline & & & & & & & & & 16. \\ \hline & & & & & & & & & 17 \\ \hline & & & & & & & & & 18 \\ \hline & & & & & & & & & 19 \\ \hline \end{tabular}