ube songs Ay See What's Hot Requirement PTM cleats BMX Videos - Vital. Bike list 527.87 XBL Free in Action games on se rk Saved Helps The account balances for the Patterson International Company on January 31, 2019, follow. The balances shown are after the first month of operations. $ 61,850 3,000 101 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Insurance 141 Equipment 142 Accum. Depr.-Equip. 202 Accounts Payable 301 Roger Patterson, Capital 302 Roger Patterson, Drawing $ 36,950 6,800 4,300 30,000 48,000 401 Fees Income 511 Advertising Expense 514 Depr. Expense-Equip. 517 Insurance Expense 518 Rent Expense 519 Salaries Expense 520 Supplies Expense 523 Telephone Expense 524 Utilities Expense 5000 13,400 12,000 80,000 4,000 700 1,700 Adjustments: a. Supplies used during the month amounted to $2,100. b. The amount in the Prepaid Insurance account represents a payment made on January 1, 2019, for six months of insurance coverage. c. The equipment, purchased on January 1, 2019, has an estimated useful life of 10 years with no salvage value. The firm uses the straight-line method of depreciation. Required: w Required: 3. Complete the worksheet 4. Prepare an income statement, Statement of owner's equity and balance sheet. 5. Record the balances in the general ledger accounts, then journalize and post the adjusting entries. Analyze If the useful life of the equipment had been 12 years instead of 10 years, how would net income have been affected? Complete this question by entering your answers in the tabs below. Reg 3 Reg 4 Inc Stmt Reg 4 Stmt of OE Reg 4 Bal Sheet Reg 5 Gen Journal Req 5 Ledgers Analyze Complete the worksheet. PATTERSON INTERNATIONAL COMPANY Worksheet Month Ended January 31, 2019 Adjustments Adjusted Trial Balance Trial Balance Balance Sheet Income Statement