Travel Expense Rent Expense Miscellancous Expense 2,200 1,300 1,200 200 55,970 55,970 Other data: 1. Supplies on hand total $480. 2. Depreciation is $800 per quarter. 3. Interest accrued on 6-month note payable, issued January 1, $300. 4. Insurance expires at the rate of $200 per month. 5. Services performed but unbilled at March 31 total $1,030. Instructions (a) Enter the trial balance on a worksheet and complete the worksheet. (a) A (b) Prepare an income statement and owner's equity statement for the quarter and a $ classified balance sheet at March 31. M. Pevnick did not make any additional (b) N investments in the business during the quarter ended March 31, 2017 (c) Journalize the adjusting entries from the adjustments columns of the worksheet. (d) Journalize the closing entries from the financial statement columns of the worksheet. P4-2B The adjusted trial balance columns of the worksheet for Greenwood Company are con finc as follows. ent bal GREENWOOD COMPANY Worksheet nded December 31, 2017 Travel Expense Rent Expense Miscellancous Expense 2,200 1,300 1,200 200 55,970 55,970 Other data: 1. Supplies on hand total $480. 2. Depreciation is $800 per quarter. 3. Interest accrued on 6-month note payable, issued January 1, $300. 4. Insurance expires at the rate of $200 per month. 5. Services performed but unbilled at March 31 total $1,030. Instructions (a) Enter the trial balance on a worksheet and complete the worksheet. (a) A (b) Prepare an income statement and owner's equity statement for the quarter and a $ classified balance sheet at March 31. M. Pevnick did not make any additional (b) N investments in the business during the quarter ended March 31, 2017 (c) Journalize the adjusting entries from the adjustments columns of the worksheet. (d) Journalize the closing entries from the financial statement columns of the worksheet. P4-2B The adjusted trial balance columns of the worksheet for Greenwood Company are con finc as follows. ent bal GREENWOOD COMPANY Worksheet nded December 31, 2017