Using the information for Critters Pet Care and the following information, complete the Adjustments section and the Adjusted Trial Balance section of the Critters Pet Care worksheet.

a. Critters Pet Care’s equipment has zero salvage value and an expected useful life span of 24 months. The company uses the straightline depreciation method for all its fi xed assets.

b. The vehicle has an expected useful life span of 36 months and an estimated salvage value of $3,000.

c. On December 1, 200X, the company entered a six-month advertising contract to begin immediately and paid $600 to cover the entire six months.

d. On December 1, 200X, the company bought an insurance policy and paid the entire premium of $2,400 for 12 months of coverage, effective immediately.

e. A credit customer, Jane Jones, moved out of state with no forwarding address. The company has been unable to contact her. She has an outstanding invoice in the amount $75.00 (Invoice 155). The company uses the direct write-off method.