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The unadjusted trial balance and adjustment data for Sandhill Cycle Repair Shop are provided. Credit $11,000 SANDHILL CYCLE REPAIR SHOP Trial Balance January 31, 2021

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The unadjusted trial balance and adjustment data for Sandhill Cycle Repair Shop are provided. Credit $11,000 SANDHILL CYCLE REPAIR SHOP Trial Balance January 31, 2021 Debit Cash $3,800 Accounts receivable 7,130 Prepaid insurance 6,420 Supplies 5,240 Land 59,000 Building 190,000 Accumulated depreciation-building Equipment 27,000 Accumulated depreciation equipment Accounts payable Unearned revenue Mortgage payable H.Dude, capital H. Dude, drawings 92.100 Service revenue Salaries expense 116,200 Utilities expense 12,000 Interest expense 6,010 $524,900 4,500 6,800 22,450 182,600 61,000 236,550 $524,900 Additional information: Additional information: 1. The 12-month insurance policy was purchased on June 1, 2020 2. A physical count of supplies shows $1,310 on hand on January 31, 2021. 3. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of years. 4. The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the previous month's interest 5. By January 31, 2021. $1,300 of services related to the unearned revenue have been provided. 6. During the next fiscal year, $4,500 of the mortgage payable is to be paid. Prepare a worksheet for the year ended January 31, 2021. Round answers to decimal places. 5.275.) SANDHILL CYCLE REPA Work Sheet Trial Balance Credit Adjustments Account Titles Debit Debit Adjusted Trial B Debit Credit Cash $3,800 Accounts receivable 7.130 Prepaid insurance 6,420 Supplies 5.240 Land 59,000 Building 190,000 Accumulated depreciation-building 11,000

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