The unadjusted trial balance and adjustment data for Silver Ridge Plumbing are presented in P4-6A.

Instructions
Prepare a work sheet for the year ended October 31, 2017.
Taking It Further
Explain why preparing a work sheet is an optional step in the accounting cycle.

Transcribed Image Text:

SILVER RIDGE PLUMBING Trial Balance October 31, 2017 Credit Cash Supplies Equipment Accumulated depreciation-equipment Vehicles Accumulated depreciation-vehicles Accounts payable Notes payable H. Burke, capital H. Burke, drawings Service revenue Fuel expense Insurance expense Interest expense Rent expense Salaries expense S 35,420 6,000 140,000 $ 42,000 110,000 48,125 7,950 60,000 75,750 3 36,000 200,525 28,038 9,500 3,392 21,000 45,000 $434,350 S434,350