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

a$.$ Depreciation on equipment, $$3$

b$.$ Accrued salaries, $$6$

c$.$ The $$12$ of unearned revenue has been earned

$5$ points

d$.$ Supplies available at December $31,$$$15$

e$.$ Expired insurance, $$15$

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.

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$\backslash$table$[[,,,,$STCOTT C$,$VPANY,,,,$],[,,,,$Work Sh$,,,,,],[,,,,$ar Ended D$,$cember $31,,,,],[$Account Title,Unadjusted Tr$,$ial Balance,,nents,Adjusted Tri,I Balance,Income,tement,$\backslash$table$[[$Balance Sheet and$],[$of Owner's E$]]],[,$Debit,Credit,Debit,Credit,Debit,Credit,Debit,Credit,Debit$],[$Cash$,$$$,21,\backslash$table$[[120]],1=,\sqrt[\phantom{2}]{2010},$$$,21,,1,,],[$Accounts receivable,$12,,5,1812,5,1,,,],[$Supplies$,24,$T$,\sqrt[\phantom{2}]{18},$$$,,,$in$.,,,],[$Prepaid insurance,$\backslash$table$[[18]],2,5,\backslash$table$[[15]],5,\sqrt[\phantom{2}]{1},,,],[$Equipment$,39,7,5,-,,1+,,,],[$Accumulated depreciation$-$Equipment,,$$,15,1,\sqrt[\phantom{2}]{1253},\sqrt[\phantom{2}]{1+20},5,8,,]]$

WESTCOTT COMPANY

Work Sheet

$5$

For Year Ended December $31$

points

$02-41334$

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