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worksheet. epare P4-2A The adjusted trial balance columns of the worksheet for Alshwer Compan by M. Alshwer, are as follows. osing g trial ALSHWER COMPANY

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worksheet. epare P4-2A The adjusted trial balance columns of the worksheet for Alshwer Compan by M. Alshwer, are as follows. osing g trial ALSHWER COMPANY Worksheet For the Year Ended December 31, 2014 Adjusted Trial Balance Account No. Account Titles 5,300 10,800 1,500 2,000 27,000 Cash Accounts Receivable 112 Prepaid Insurance Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Owner's Capital Owner's Drawings Service Revenue Advertising Expense Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Interest Expense 130 157 5,600 200 201 212 230 301 6,100 2,400 600 3,000 7,000 61.00 610 8,400 4,000 5,600 3,500 28,000 600 722 726 905 Interest Expensees Totals 103,700 103,700 Instructions (a) Complete the worksheet by extending the balances to the columns. (b) Prepare an income statement, owner's equity statement, and a class Note: $5,000 of the notes payable become due in 2015.) M. Alshwer additional investments in the business during the year. (c) Prepare the closing entries. Use J14 for the journal page. (d) Post the closing entries. Use the three-column form of account. Inco did not make a No. 350. (e) Prepare a post-closing trial balance. account. Income Summan P4-3A The completed are shou

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