The trial balance of Clayton Cleaners for the month ended September 30 is as follows:

Data for the adjustments are as follows:
a. Expired or used- up insurance, $ 800.
b. Depreciation expense on equipment, $ 2,700.
c. Wages accrued or earned since the last payday, $ 585 (owed and to be paid on the next payday).
d. Supplies remaining at the end of month, $ 230.

Required
1. Complete a work sheet.
2. Journalize the adjusting entries.

Transcribed Image Text:

Clayton Cleaners Trial Balance September 30, 20 Debit 2.589 652 1.136 21,752 Credit Account Name Cash Supplies Prepaid Insurance Equipment Accumulated Depreciaton, Equipment Accounts Payable K. Clayton, Capital K Clayton, Drawing Income from Services Wages Expense Rent Expense Utilities Expense Telephone Expense Miscellaneous Expense 14,357 2,647 28,169 21,359 40,850 23,983 11,673 1,254 1.144 481 86,023 86,023