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The trial balance of Neal Company as of January 31, 2019, after the company completed the first month of operations, is sho partial worksheet below
The trial balance of Neal Company as of January 31, 2019, after the company completed the first month of operations, is sho partial worksheet below Required: 2. on hand at the end of the month, $5,800; expired insurance. $6.300; depreciation expense for the period, $2,400 Analyze: How does the insurance adjustment affect Prepaid Insurance? Complete this question by entering your answers in the tabs below Partial Worksheet Analyze Complete the worksheet by making the following adjustments: supplies on hand at the end of the month, ss.800; expired insurance, $6,300; depreciation expense for the period, $2,400 NEAL COMPANY Worksheet (Partial) Month Ended January 31, 2019 Trial Balance Adjustments Adjusted Trial Balance Debit Income Statement Balance Sheet Debit Account Name Debit Credit Debit Credit Credit Debit Credit Credit Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Alexander Neal, Capital Alexander Neal, Drawing Fees Income Supplies Expense Insurance Expense Salaries Expense Depreciation Expense -Equipment $104.800 21,600 39200 64,800 108 800 25,600 252,800 15.200 112,000 32,000 Prey 1 of 4Next>
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