?TRIAL BALANCE @ ?2/31/2012 70,000 40,000 286,000 180,000 40,000 6,000 PMENT NOTE PAYABLE PREPAID INS DEPRECIATION FOR EQUIPMENT NEEDS TO BE MADE/ PURCHASE OF EQUIP JAN 2012 LIFE OF EQUIPMENT 4 YEARS METHOD OF DEPRECIATION STRAIGHT LINE NOTE PAYABLE 10% USED TO pURCHASE EQUIP JAN 2012 1ST PAYROLL PAID IN JAN 2013 FOR $12,000. $10,000 PERTAINED TO WORK PERFORMED BY EMPLOYEES IN DEC 2012 INSURANCE WAS EFFECTIVE 1/1/2012 AND WAS FOR ONE YEAR PREPARE AN ADJUSTED TR?AL BALANCE @ ?2/31/2012 PREPARE AN INCOME STATEN A TRIAL BALANCE@ 1/1/2013