Use the following information to complete the partial worksheet for Bill's Company. Record the appropriate adjusting entries using the data below and extend the balances over to the adjusted trial balance columns.

Merchandise inventoryending$10

Store supplies on hand3

Depreciation on store equipment2

Accrued salaries1

Bill's Company

Partial Worksheet

For the Year Ended December 31^st, 2012

Account Titles

Trial Balance

Adjustments

Adjusted Trial Balance

Debit

Credit

Debit

Credit

Debit

Credit

Merchandise Inv.

16

Store Supplies

10

Store Equipment

20

Accum. Depr. Store Equip.

6

Salaries Payable

Income Summary

Salary Expense

10

Depreciation Expense

Store Supplies Exp.