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ZDK needs to prepare a worksheet for the company. the amounts include cash 3200 accounts receivable 6630 prepaid insurance 6420 supplies 5420 land 50000 building

ZDK needs to prepare a worksheet for the company. the amounts include cash 3200 accounts receivable 6630 prepaid insurance 6420 supplies 5420 land 50000 building 50000 accumulated building 11000 equipment 27000 accumulated equipment 4500 accounts payable 6400 unearned revenue 1950 mortgage payable 102000 capital 61000 drawings 101100 service revenue 235550 salaries expense 115200 utilities expense 12000 interest expense 5610

the following transactions occurred and were recorded in the worksheet

the owner invested $5000 cash in the business is recorded in cash and capital

#1 service revenue earned but not recorded

#2 12 month insurance policy was purchased for the year

#3 a physical count of supplies on hand $580

#4 building has estimated useful life of 45 years. equipment has an estimated useful life of 15 years

#5 sales of $1520 accrued in the year

#6 mortgage payable has a 6% interest is paid

#7 $850 unearned revenue has been earned

#8 $4500 mortgage payable is to be paid

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