Work Sheet Year Ended Dec. 31, 20-1 Trial Balance Adjustment Income Statement DR CR DR CR DR CR Bank Accounts Receivable Supplies Prepaid Insurance 13,413 730 2,200 Land 345,090 Building 129,800 5,480 Automobile 45,700 Accumulated Dep-Auto 9,450 Accounts Payable HST Payable 650 4,000 HST Recoverable 1,800 Bank Loan (3 year) 120,000 Mortgage Payable 134,000 S. Brown, Capital 235,473 S. Brown, Drawings 24,000 Sales 324,800 Rent Expense 24,700 Telephone Expense 1,920 Truck Expense 4,500 Wages Expense 128,000 721,853 833,853 Net Income Balance Sheet DR CR GENERAL JOURNAL DATE PARTICULARS PR DEBIT Page 11 CREDIT ASSETS LIABILITIES AND OWNER'S EQUITY