Use the following information to complete the Adjustments and Adjusted Trial Balance columns of the work sheet.

a$.$ Depreciation on equipment, $$7$

b$.$ Accrued salaries, $$10$

c$.$ The $$16$ of unearned revenue has been earned

d$.$ Supplies available at December $31,$$$35$

e$.$ Expired insurance, $$19$

Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns. Compute totals for those columns, including net income.

$\backslash$table$[[\backslash$table$[[$WESTCOTT COMPANY$],[$Work Sheet$]]],[,,,,$Work SI$,,,,,,],[$For Year Ended December $31],[$Account Title,Unadjusted Trial Balance,Adjustments,Adjusted Trial Balance,Income Statement,$\backslash$table$[[$Balance Sheet and Statement$],[$of Owner's Equity$]]],[$Debit$,$Credit,Debit,Credit,Debit,Credit,Debit,Credit,Debit,Credit$],[$Cash$,41,,,,,,,,,],[$Accounts receivable,$24,,,,.,,,,,],[$Supplies$,48,,,,,,,,,],[$Prepaid insurance,$26,,,,,,,,,],[$Equipment$,47,,,,,,,,$F$,],[$Accumulated depreciation$-$Equipment,,$$23,,,,,,,,],[$Accounts payable,,$10,,$F$,,,,,,],[\backslash$table$[[$Accounts payable$],[$Salaries payable$]]],[$Unearned revenue,,$16,,,,,,,,],[$W$.$ Westcott, Capital,,$74,,,,,,,7,],[$W$.$ Westcott, Withdrawals,$14,,,,,,,,F,],[$Services revenue,,$115,,,,,,,,],[$Depreciation expense$-$Equipment,,,,,,,,,$E,]]$

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$8$ of $10$

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