The following is a trial balance for Dick€™s Repair Service of Moose Jaw.

Adjustment data to update the trial balance:
a. Insurance expired, $700
b. Repair supplies on hand, $3,000
c. Amortization on repair equipment, $200
d. Wages earned but not yet paid, $400
Required
1. Complete a worksheet for Dick€™s Repair Service for the month of November.
2. Prepare an income statement for November, a statement of owner€™s equity for November, and a balance sheet as of November 30, 2013.

Transcribed Image Text:

DICK'S REPAIR SERVICE TRIAL BALANCE NOVEMBER 30, 2013 Dr. 320000 400000 460000 300000 Cr. Cash Prepaid Insurance Repair Supplies Repair Equipment Accumulated Amortization, Repair Equipment Accounts Payable D. Horn, Capital Revenue from Repairs Wages Expense Rent Expense Advertising Expense 70000 557000 380000 700000 180000 36000 11000 1707000 1707000