The trial balance for Daniel€™s Repair Service appears in Figure.

Adjustment Data to Update Trial Balance
a. Insurance expired, $450.
b. Repair supplies on hand, $2,300.
c. Depreciation on repair equipment, $200.
d. Wages earned but unpaid, $400.
Your task is to
1. Complete a worksheet for Daniel€™s Repair Service for the month of April.
2. Prepare an income statement for April, a statement of owner€™s equity for April, and a balance sheet as of April 30,201X.

Transcribed Image Text:

DANIEL'S REPAIR SERVICE TRIAL BALANCE APRIL 30, 201x Dr. Cr Cash Repair Supplies Repair Equipment Accumulated Depreciation, Repair Equipment Accounts Payable D. Heines, Cap Revenue from Repairs Wages Expense Rent Expense Advertising Expense 110 000 557000 552 000 84 0000 ital 1900l00 어 19 00 |2015| 30|00